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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0score
$319,900
MLS
Street view1609 Kessler Boulevard East Dr
Indianapolis IN 46220 · Single Family · built 1952
3 bd1 ba1,236 sqft$259/sqft vs ZIP $208 +24%
0.84 lender DSCR (est.)
Rent covers the estimated payment 0.84× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,795/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.
The underwriting
The numbers (estimates, illustrative)
$319,900List price
$1,795Rent estimate / mo
0.84Lender DSCR (est.)
$3,839Taxes / yr · assumed 1.2%
$208ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,795 |
| − Mortgage (P&I) | −$1,678 |
| − Taxes | −$320 |
| − Insurance | −$133 |
| = Cash flow before vacancy & repairs | $-336 |
The numbers
- Price
- $319,900
- $ / sq ft
- $259 ZIP median $208
- Rent estimate
- $1,795/mo ZIP + bedroom comps
- Property taxes
- $3,839/yr assumed 1.2% of price
- PITIA (assumed)
- $2,131/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.84 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 1
- Living area
- 1,236 sq ft
- Lot
- 6,534 sq ft
- Year built
- 1952
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22106913
- Listed
- Jun 12, 2026
- Days on market
- 113
- Listing agent
- Jason Alsup · Exp Realty, LLC
3172581399 · jasonalsupexp@gmail.com - Price history
- First asked $319,900
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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.