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21score
$495,900
MLS
Street view1318 Scotland Blvd
Indianapolis IN 46231 · Single Family · built 2004
5 bd4.5 ba4,324 sqft$115/sqft vs ZIP $143 −20%
0.67 lender DSCR (est.)
Rent covers the estimated payment 0.67× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,473/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.
20% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$495,900List price
$2,473Rent estimate / mo
0.67Lender DSCR (est.)
$10,080Taxes / yr · county assessor
$143ZIP median $ / sqft
21/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,473 |
| − Mortgage (P&I) | −$2,601 |
| − Taxes | −$840 |
| − Insurance | −$207 |
| − HOA | −$27 |
| = Cash flow before vacancy & repairs | $-1,201 |
The numbers
- Price
- $495,900
- $ / sq ft
- $115 ZIP median $143
- Rent estimate
- $2,473/mo HUD fair-market rent
- Property taxes
- $10,080/yr 2% cap on assessed value $504,000
- PITIA (assumed)
- $3,674/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $27/mo
- Lender DSCR (est.)
- 0.67 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 21/100 20% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 5 / 4.5
- Living area
- 4,324 sq ft
- Lot
- 10,454 sq ft
- Year built
- 2004
- Property type
- Single Family
- HOA
- $27/mo
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131840
- Listed
- Oct 17, 2026
- Days on market
- 15
- Listing agent
- Andres Rodriguez · Rodriguez Real Estate Group
3172428943 · arod6495@gmail.com - Price history
- First asked $495,900
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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.