1 / 6
10score
↓ $20,400
$199,500
MLS
Street view11510 Coastal Way
Indianapolis IN 46229 · Single Family · built 1996
2 bd2 ba1,404 sqft$142/sqft vs ZIP $139 +2%
0.69 lender DSCR (est.)
Rent covers the estimated payment 0.69× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,089/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 10%
The underwriting
The numbers (estimates, illustrative)
$199,500List price
$1,089Rent estimate / mo
0.69Lender DSCR (est.)
$3,500Taxes / yr · county assessor
$139ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,089 |
| − Mortgage (P&I) | −$1,046 |
| − Taxes | −$292 |
| − Insurance | −$83 |
| − HOA | −$158 |
| = Cash flow before vacancy & repairs | $-490 |
The numbers
- Price
- $199,500
- $ / sq ft
- $142 ZIP median $139
- Rent estimate
- $1,089/mo HUD fair-market rent
- Property taxes
- $3,500/yr 2% cap on assessed value $175,000
- PITIA (assumed)
- $1,579/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $158/mo
- Lender DSCR (est.)
- 0.69 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 10%
The property
- Beds / baths
- 2 / 2
- Living area
- 1,404 sq ft
- Lot
- 4,792 sq ft
- Year built
- 1996
- Property type
- Single Family
- HOA
- $158/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123310
- Listed
- Aug 30, 2026
- Days on market
- 48
- Listing agent
- Jodie Chandler · Crossroads Real Estate Group LLC
3174969701 · info@hesoldme.com - Price history
- First asked $219,900 · previously $214,900 cut $20,400
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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.