1 / 6
4score
↓ $1,000
$168,500
MLS
Street view745 Sparrow Ave
Indianapolis IN 46227 · Single Family · built 1921
2 bd2 ba836 sqft$202/sqft vs ZIP $157 +28%
0.95 lender DSCR (est.)
Rent covers the estimated payment 0.95× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,150/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.
price cut 1%
The underwriting
The numbers (estimates, illustrative)
$168,500List price
$1,150Rent estimate / mo
0.95Lender DSCR (est.)
$3,122Taxes / yr · county assessor
$157ZIP median $ / sqft
4/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,150 |
| − Mortgage (P&I) | −$884 |
| − Taxes | −$260 |
| − Insurance | −$70 |
| = Cash flow before vacancy & repairs | $-64 |
The numbers
- Price
- $168,500
- $ / sq ft
- $202 ZIP median $157
- Rent estimate
- $1,150/mo ZIP + bedroom comps
- Property taxes
- $3,122/yr 2% cap on assessed value $156,100
- PITIA (assumed)
- $1,214/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.95 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 4/100 price cut 1%
The property
- Beds / baths
- 2 / 2
- Living area
- 836 sq ft
- Lot
- 6,970 sq ft
- Year built
- 1921
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22111537
- Listed
- Jul 1, 2026
- Days on market
- 122
- Listing agent
- Lian Maung · CrossRoads Link Realty
3174126476 · palungrealestate@yahoo.com - Price history
- First asked $169,500 · previously $166,500 cut $1,000
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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.