Street view of 129 Coronado Rd
1 / 6
42score
↓ $5,000
$259,900
MLS Street view
Search photos

129 Coronado Rd

Indianapolis IN 46234 · Single Family · built 1972
5 bd2 ba1,932 sqft$135/sqft vs ZIP $160 −16%
1.29 lender DSCR (est.)
Rent covers the estimated payment 1.29× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,356/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.

DSCR 1.2916% under ZIP $/sqftprice cut 2%
The underwriting

The numbers (estimates, illustrative)

$259,900List price
$2,356Rent estimate / mo
1.29Lender DSCR (est.)
$4,180Taxes / yr · county assessor
$160ZIP median $ / sqft
42/100Deal Score

Monthly picture (illustrative)

Rent est.$2,356
− Mortgage (P&I)−$1,363
− Taxes−$348
− Insurance−$108
= Cash flow before vacancy & repairs$536

The numbers

Price
$259,900
$ / sq ft
$135 ZIP median $160
Rent estimate
$2,356/mo HUD fair-market rent
Property taxes
$4,180/yr 2% cap on assessed value $209,000
PITIA (assumed)
$1,820/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.29 rent ÷ PITIA · lender floor 1.20
Deal Score
42/100 DSCR 1.29 · 16% under ZIP $/sqft · price cut 2%

The property

Beds / baths
5 / 2
Living area
1,932 sq ft
Lot
10,019 sq ft
Year built
1972
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22110117
Listed
Jun 29, 2026
Days on market
110
Listing agent
Robert E Salmons · Entera Realty
7132489869 · rsalmons@greenletco.com
Price history
First asked $264,900 · previously $264,900 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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