1 / 6
10score
↓ $14,000
$250,000
MLS
Street view1230 E Pleasant Run Parkway North Dr
Indianapolis IN 46203 · Single Family · built 1900
2 bd2 ba1,369 sqft$183/sqft vs ZIP $168 +9%
0.75 lender DSCR (est.)
Rent covers the estimated payment 0.75× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,248/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
price cut 6%
The underwriting
The numbers (estimates, illustrative)
$250,000List price
$1,248Rent estimate / mo
0.75Lender DSCR (est.)
$3,000Taxes / yr · assumed 1.2%
$168ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,248 |
| − Mortgage (P&I) | −$1,311 |
| − Taxes | −$250 |
| − Insurance | −$104 |
| = Cash flow before vacancy & repairs | $-417 |
The numbers
- Price
- $250,000
- $ / sq ft
- $183 ZIP median $168
- Rent estimate
- $1,248/mo ZIP + bedroom comps
- Property taxes
- $3,000/yr assumed 1.2% of price
- PITIA (assumed)
- $1,665/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.75 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 6%
The property
- Beds / baths
- 2 / 2
- Living area
- 1,369 sq ft
- Lot
- 3,920 sq ft
- Year built
- 1900
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- 500
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22115023
- Listed
- Jul 18, 2026
- Days on market
- 91
- Listing agent
- Shelby K Farrar · Opendoor Brokerage, LLC.
4804625392 · homes@opendoor.com - Price history
- First asked $264,000 · previously $264,000 cut $14,000
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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.