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57score
New
$114,900
MLS
Street view972 W 29th St
Indianapolis IN 46208 · Single Family · built 1895
2 bd1.5 ba1,500 sqft$77/sqft vs ZIP $126 −39%
1.32 lender DSCR (est.)
Rent covers the estimated payment 1.32× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,075/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 1.3239% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$114,900List price
$1,075Rent estimate / mo
1.32Lender DSCR (est.)
$1,956Taxes / yr · county assessor
$126ZIP median $ / sqft
57/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,075 |
| − Mortgage (P&I) | −$603 |
| − Taxes | −$163 |
| − Insurance | −$48 |
| = Cash flow before vacancy & repairs | $262 |
The numbers
- Price
- $114,900
- $ / sq ft
- $77 ZIP median $126
- Rent estimate
- $1,075/mo ZIP + bedroom comps
- Property taxes
- $1,956/yr 2% cap on assessed value $97,800
- PITIA (assumed)
- $813/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.32 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 57/100 DSCR 1.32 · 39% under ZIP $/sqft · new this week
The property
- Beds / baths
- 2 / 1.5
- Living area
- 1,500 sq ft
- Lot
- 2,614 sq ft
- Year built
- 1895
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22133324
- Listed
- Oct 27, 2026
- Days on market
- 5
- Listing agent
- Linda Johnson · Sitota Realty
3174313838 · pearlj54@sbcglobal.net - Price history
- First asked $114,900
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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.