1 / 6
70score
↓ $8,000
$159,000
MLS
Street view733 E 22nd St
Indianapolis IN 46202 · Single Family · built 1890
3 bd1 ba1,690 sqft$94/sqft vs ZIP $207 −55%
1.76 lender DSCR (est.)
Rent covers the estimated payment 1.76× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,000/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.
DSCR 1.7654% under ZIP $/sqftverify conditionprice cut 5%
The underwriting
The numbers (estimates, illustrative)
$159,000List price
$2,000Rent estimate / mo
1.76Lender DSCR (est.)
$2,846Taxes / yr · county assessor
$207ZIP median $ / sqft
70/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,000 |
| − Mortgage (P&I) | −$834 |
| − Taxes | −$237 |
| − Insurance | −$66 |
| = Cash flow before vacancy & repairs | $863 |
The numbers
- Price
- $159,000
- $ / sq ft
- $94 ZIP median $207
- Rent estimate
- $2,000/mo ZIP + bedroom comps
- Property taxes
- $2,846/yr 2% cap on assessed value $142,300
- PITIA (assumed)
- $1,137/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.76 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 70/100 DSCR 1.76 · 54% under ZIP $/sqft · verify condition · price cut 5%
The property
- Beds / baths
- 3 / 1
- Living area
- 1,690 sq ft
- Lot
- 2,614 sq ft
- Year built
- 1890
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22114248
- Listed
- Jul 15, 2026
- Days on market
- 94
- Listing agent
- Karanjod Cheema · Rize Commercial Realty LLC
3176579985 · karancheemaindy@gmail.com - Price history
- First asked $167,000 · previously $164,000 cut $8,000
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All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.