1 / 6
23score
↓ $20,100
$269,900
MLS
Street view940 W 34th St
Indianapolis IN 46208 · Single Family · built 1920
5 bd3.5 ba2,296 sqft$118/sqft vs ZIP $126 −7%
1.01 lender DSCR (est.)
Rent covers the estimated payment 1.01× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,783/mo (HUD fair-market rent) ÷ 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 7%
The underwriting
The numbers (estimates, illustrative)
$269,900List price
$1,783Rent estimate / mo
1.01Lender DSCR (est.)
$2,944Taxes / yr · county assessor
$126ZIP median $ / sqft
23/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,783 |
| − Mortgage (P&I) | −$1,415 |
| − Taxes | −$245 |
| − Insurance | −$112 |
| = Cash flow before vacancy & repairs | $10 |
The numbers
- Price
- $269,900
- $ / sq ft
- $118 ZIP median $126
- Rent estimate
- $1,783/mo HUD fair-market rent
- Property taxes
- $2,944/yr 2% cap on assessed value $147,200
- PITIA (assumed)
- $1,773/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.01 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 23/100 price cut 7%
The property
- Beds / baths
- 5 / 3.5
- Living area
- 2,296 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22074830
- Listed
- Nov 26, 2025
- Days on market
- 325
- Listing agent
- Vicki Reed · Keller Williams Indy Metro Ne
3179197931 · vlrrealestate@kwrealty.com - Price history
- First asked $290,000 · previously $290,000 cut $20,100
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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.