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30score
$225,000
MLS
Street view737 N Pershing Ave
Indianapolis IN 46222 · Single Family · built 1920
3 bd2.5 ba1,792 sqft$126/sqft vs ZIP $158 −21%
1.02 lender DSCR (est.)
Rent covers the estimated payment 1.02× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,700/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.
20% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$225,000List price
$1,700Rent estimate / mo
1.02Lender DSCR (est.)
$4,680Taxes / yr · county assessor
$158ZIP median $ / sqft
30/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,700 |
| − Mortgage (P&I) | −$1,180 |
| − Taxes | −$390 |
| − Insurance | −$94 |
| = Cash flow before vacancy & repairs | $36 |
The numbers
- Price
- $225,000
- $ / sq ft
- $126 ZIP median $158
- Rent estimate
- $1,700/mo ZIP + bedroom comps
- Property taxes
- $4,680/yr 2% cap on assessed value $234,000
- PITIA (assumed)
- $1,664/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.02 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 30/100 20% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,792 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22084923
- Listed
- Mar 3, 2026
- Days on market
- 228
- Listing agent
- Tracy Wright Team · F.C. Tucker Company - Zionsville
3178735391 · tracy.wright@talktotucker.com - Price history
- First asked $225,000
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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.