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43score
$179,900
MLS
Street view922 E Elbert St
Indianapolis IN 46227 · Single Family · built 1928
4 bd1.5 ba1,432 sqft$126/sqft vs ZIP $161 −22%
1.21 lender DSCR (est.)
Rent covers the estimated payment 1.21× · walk-away floor 1.20 · medium 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.
DSCR 1.2122% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$179,900List price
$1,700Rent estimate / mo
1.21Lender DSCR (est.)
$4,586Taxes / yr · county assessor
$161ZIP median $ / sqft
43/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,700 |
| − Mortgage (P&I) | −$943 |
| − Taxes | −$382 |
| − Insurance | −$75 |
| = Cash flow before vacancy & repairs | $299 |
The numbers
- Price
- $179,900
- $ / sq ft
- $126 ZIP median $161
- Rent estimate
- $1,700/mo ZIP + bedroom comps
- Property taxes
- $4,586/yr 2% cap on assessed value $229,300
- PITIA (assumed)
- $1,401/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.21 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 43/100 DSCR 1.21 · 22% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 4 / 1.5
- Living area
- 1,432 sq ft
- Lot
- 24,829 sq ft
- Year built
- 1928
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22120210
- Listed
- Sep 8, 2026
- Days on market
- 24
- Listing agent
- Isamar M Winzenread · United Real Estate Indpls
3172038043 · isamar@c21scheetz.com - Price history
- First asked $179,900
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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.