1 / 6
13score
↓ $10,100
$299,900
MLS
Street view1275 Constitution Dr
Indianapolis IN 46234 · Single Family · built 2001
3 bd2 ba1,556 sqft$193/sqft vs ZIP $160 +20%
1.00 lender DSCR (est.)
Rent covers the estimated payment 1.00× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,029/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 3%
The underwriting
The numbers (estimates, illustrative)
$299,900List price
$2,029Rent estimate / mo
1.00Lender DSCR (est.)
$3,599Taxes / yr · assumed 1.2%
$160ZIP median $ / sqft
13/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,029 |
| − Mortgage (P&I) | −$1,573 |
| − Taxes | −$300 |
| − Insurance | −$125 |
| − HOA | −$23 |
| = Cash flow before vacancy & repairs | $8 |
The numbers
- Price
- $299,900
- $ / sq ft
- $193 ZIP median $160
- Rent estimate
- $2,029/mo ZIP + bedroom comps
- Property taxes
- $3,599/yr assumed 1.2% of price
- PITIA (assumed)
- $2,021/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $23/mo
- Lender DSCR (est.)
- 1.00 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 13/100 price cut 3%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,556 sq ft
- Lot
- 8,712 sq ft
- Year built
- 2001
- Property type
- Single Family
- HOA
- $23/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22110497
- Listed
- Jun 26, 2026
- Days on market
- 113
- Listing agent
- Suzzanna Broyles · Gemini Realty Grp Inc
3179854553 · suzzikai@yahoo.com - Price history
- First asked $310,000 · previously $310,000 cut $10,100
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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.