Last confirmed active 19 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
Street view of 916 N Oriental St
1 / 6
12score
↓ $40,000
$340,000
MLS Street view
Search photos

916 N Oriental St

Indianapolis IN 46202 · Single Family · built 1955
3 bd3 ba1,659 sqft$205/sqft vs ZIP $207 −1%
0.92 lender DSCR (est.)
Rent covers the estimated payment 0.92× · 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.

price cut 12%
The underwriting

The numbers (estimates, illustrative)

$340,000List price
$2,000Rent estimate / mo
0.92Lender DSCR (est.)
$2,992Taxes / yr · county assessor
$207ZIP median $ / sqft
12/100Deal Score

Monthly picture (illustrative)

Rent est.$2,000
− Mortgage (P&I)−$1,783
− Taxes−$249
− Insurance−$142
= Cash flow before vacancy & repairs$-174

The numbers

Price
$340,000
$ / sq ft
$205 ZIP median $207
Rent estimate
$2,000/mo ZIP + bedroom comps
Property taxes
$2,992/yr 2% cap on assessed value $149,600
PITIA (assumed)
$2,174/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.92 rent ÷ PITIA · lender floor 1.20
Deal Score
12/100 price cut 12%

The property

Beds / baths
3 / 3
Living area
1,659 sq ft
Lot
4,356 sq ft
Year built
1955
Property type
Single Family
HOA
None on record
Flood zone
500
Registered rental
No

The listing

Source
Standard
MLS #
22124472
Listed
Sep 4, 2026
Days on market
29
Listing agent
Matthew Wehner · Gardner Property Group
7656104810 · matt@callgpg.com
Price history
First asked $380,000 · previously $380,000 cut $40,000
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad