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4score
$265,000
MLS
Street view1225 Hathaway Dr
Indianapolis IN 46229 · Single Family · built 1961
5 bd3 ba1,828 sqft$145/sqft vs ZIP $138 +5%
0.96 lender DSCR (est.)
Rent covers the estimated payment 0.96× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,732/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.
The underwriting
The numbers (estimates, illustrative)
$265,000List price
$1,732Rent estimate / mo
0.96Lender DSCR (est.)
$3,674Taxes / yr · county assessor
$138ZIP median $ / sqft
4/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,732 |
| − Mortgage (P&I) | −$1,390 |
| − Taxes | −$306 |
| − Insurance | −$110 |
| = Cash flow before vacancy & repairs | $-74 |
The numbers
- Price
- $265,000
- $ / sq ft
- $145 ZIP median $138
- Rent estimate
- $1,732/mo HUD fair-market rent
- Property taxes
- $3,674/yr 2% cap on assessed value $183,700
- PITIA (assumed)
- $1,806/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.96 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 4/100
The property
- Beds / baths
- 5 / 3
- Living area
- 1,828 sq ft
- Lot
- 20,473 sq ft
- Year built
- 1961
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22115010
- Listed
- Jul 18, 2026
- Days on market
- 74
- Listing agent
- Sara Grubbs · The Modglin Group
3179878177 · sara.grubbs89@gmail.com - Price history
- First asked $265,000
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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.