Street view of 11449 E 10th St
1 / 6
19score
↓ $5,000
$254,900
MLS Street view
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11449 E 10th St

Indianapolis IN 46229 · Single Family · built 1987
4 bd2.5 ba1,817 sqft$140/sqft vs ZIP $139 +1%
1.14 lender DSCR (est.)
Rent covers the estimated payment 1.14× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $2,010/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 2%
The underwriting

The numbers (estimates, illustrative)

$254,900List price
$2,010Rent estimate / mo
1.14Lender DSCR (est.)
$3,868Taxes / yr · county assessor
$139ZIP median $ / sqft
19/100Deal Score

Monthly picture (illustrative)

Rent est.$2,010
− Mortgage (P&I)−$1,337
− Taxes−$322
− Insurance−$106
= Cash flow before vacancy & repairs$245

The numbers

Price
$254,900
$ / sq ft
$140 ZIP median $139
Rent estimate
$2,010/mo ZIP + bedroom comps
Property taxes
$3,868/yr 2% cap on assessed value $193,400
PITIA (assumed)
$1,765/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.14 rent ÷ PITIA · lender floor 1.20
Deal Score
19/100 price cut 2%

The property

Beds / baths
4 / 2.5
Living area
1,817 sq ft
Lot
8,276 sq ft
Year built
1987
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22116480
Listed
Jul 28, 2026
Days on market
81
Listing agent
Joseph Hohmann · JF Property Group
3179661096 · hohmannproperties@gmail.com
Price history
First asked $259,900 · previously $259,900 cut $5,000
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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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