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55score
↓ $14,901
$99,999
MLS
Street view767 N Elder Ave
Indianapolis IN 46222 · Multi-Family · built 1920
1 bd1 ba
1.69 lender DSCR (est.)
Rent covers the estimated payment 1.69× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,100/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 1.69price cut 15%
The underwriting
The numbers (estimates, illustrative)
$99,999List price
$1,100Rent estimate / mo
1.69Lender DSCR (est.)
$1,006Taxes / yr · county assessor
$158ZIP median $ / sqft
55/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,100 |
| − Mortgage (P&I) | −$524 |
| − Taxes | −$84 |
| − Insurance | −$42 |
| = Cash flow before vacancy & repairs | $450 |
The numbers
- Price
- $99,999
- $ / sq ft
- —
- Rent estimate
- $1,100/mo ZIP + bedroom comps
- Property taxes
- $1,006/yr 2% cap on assessed value $50,300
- PITIA (assumed)
- $650/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.69 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 55/100 DSCR 1.69 · price cut 15%
The property
- Beds / baths
- 1 / 1
- Living area
- —
- Lot
- 3,049 sq ft
- Year built
- 1920
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22097886
- Listed
- Apr 28, 2026
- Days on market
- 172
- Listing agent
- Jasmine Tracy · Bhb Real Estate Group
3175175721 · jasminektracy@gmail.com - Price history
- First asked $114,900 · previously $114,900 cut $14,901
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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.