Street view of 824 Corrill St
1 / 6
46score
$94,900
MLS Street view
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824 Corrill St

Indianapolis IN 46221 · Single Family · built 1933
2 bd1 ba1,292 sqft$73/sqft vs ZIP $147 −50%
1.38 lender DSCR (est.)
Rent covers the estimated payment 1.38× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $950/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 1.3850% under ZIP $/sqftverify condition
The underwriting

The numbers (estimates, illustrative)

$94,900List price
$950Rent estimate / mo
1.38Lender DSCR (est.)
$1,826Taxes / yr · county assessor
$147ZIP median $ / sqft
46/100Deal Score

Monthly picture (illustrative)

Rent est.$950
− Mortgage (P&I)−$498
− Taxes−$152
− Insurance−$40
= Cash flow before vacancy & repairs$261

The numbers

Price
$94,900
$ / sq ft
$73 ZIP median $147
Rent estimate
$950/mo ZIP + bedroom comps
Property taxes
$1,826/yr 2% cap on assessed value $91,300
PITIA (assumed)
$689/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.38 rent ÷ PITIA · lender floor 1.20
Deal Score
46/100 DSCR 1.38 · 50% under ZIP $/sqft · verify condition

The property

Beds / baths
2 / 1
Living area
1,292 sq ft
Lot
10,019 sq ft
Year built
1933
Property type
Single Family
HOA
None on record
Flood zone
500
Registered rental
No

The listing

Source
Standard
MLS #
22130698
Listed
Oct 9, 2026
Days on market
9
Listing agent
Andy Waggoner · Ferris Property Group
3173711786 · andy@ferrispropertygroup.com
Price history
First asked $94,900
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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.

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