Last confirmed active 19 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
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17score
↓ $9,000
$308,000
MLS
Street view154 Handley St
Indianapolis IN 46222 · Single Family · built 2019
3 bd2.5 ba2,102 sqft$147/sqft vs ZIP $158 −7%
0.73 lender DSCR (est.)
Rent covers the estimated payment 0.73× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,700/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.
price cut 3%below assessed value
The underwriting
The numbers (estimates, illustrative)
$308,000List price
$1,700Rent estimate / mo
0.73Lender DSCR (est.)
$6,440Taxes / yr · county assessor
$158ZIP median $ / sqft
17/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,700 |
| − Mortgage (P&I) | −$1,615 |
| − Taxes | −$537 |
| − Insurance | −$128 |
| − HOA | −$37 |
| = Cash flow before vacancy & repairs | $-617 |
The numbers
- Price
- $308,000
- $ / sq ft
- $147 ZIP median $158
- Rent estimate
- $1,700/mo ZIP + bedroom comps
- Property taxes
- $6,440/yr 2% cap on assessed value $322,000
- PITIA (assumed)
- $2,317/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $37/mo
- Lender DSCR (est.)
- 0.73 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 17/100 price cut 3% · below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,102 sq ft
- Lot
- 3,485 sq ft
- Year built
- 2019
- Property type
- Single Family
- HOA
- $37/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22109164
- Listed
- Jun 19, 2026
- Days on market
- 106
- Listing agent
- Jamie Blackburn · @properties
3177052500 · jblackburn@c21scheetz.com - Price history
- First asked $317,000 · previously $317,000 cut $9,000
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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.