1 / 6
0score
$439,900
MLS
Street view1513 Broad Ripple Ave
Indianapolis IN 46220 · Single Family · built 1947
3 bd2 ba1,835 sqft$240/sqft vs ZIP $202 +19%
0.59 lender DSCR (est.)
Rent covers the estimated payment 0.59× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,799/mo (ZIP + bedroom comps) ÷ 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)
$439,900List price
$1,799Rent estimate / mo
0.59Lender DSCR (est.)
$6,606Taxes / yr · county assessor
$202ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,799 |
| − Mortgage (P&I) | −$2,307 |
| − Taxes | −$551 |
| − Insurance | −$183 |
| = Cash flow before vacancy & repairs | $-1,242 |
The numbers
- Price
- $439,900
- $ / sq ft
- $240 ZIP median $202
- Rent estimate
- $1,799/mo ZIP + bedroom comps
- Property taxes
- $6,606/yr 2% cap on assessed value $330,300
- PITIA (assumed)
- $3,041/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.59 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,835 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1947
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22101203
- Listed
- May 12, 2026
- Days on market
- 173
- Listing agent
- Scott Hackman · CENTURY 21 Scheetz
3177052500 · shackman@c21scheetz.com - Price history
- First asked $439,900
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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.