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13score
$325,000
MLS
Street view1616 Secretariat Ln
Indianapolis IN 46217 · Single Family · built 1978
4 bd3 ba2,357 sqft$138/sqft vs ZIP $164 −16%
0.86 lender DSCR (est.)
Rent covers the estimated payment 0.86× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,055/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.
16% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$325,000List price
$2,055Rent estimate / mo
0.86Lender DSCR (est.)
$6,442Taxes / yr · county assessor
$164ZIP median $ / sqft
13/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,055 |
| − Mortgage (P&I) | −$1,704 |
| − Taxes | −$537 |
| − Insurance | −$135 |
| = Cash flow before vacancy & repairs | $-322 |
The numbers
- Price
- $325,000
- $ / sq ft
- $138 ZIP median $164
- Rent estimate
- $2,055/mo ZIP + bedroom comps
- Property taxes
- $6,442/yr 2% cap on assessed value $322,100
- PITIA (assumed)
- $2,377/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.86 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 13/100 16% under ZIP $/sqft
The property
- Beds / baths
- 4 / 3
- Living area
- 2,357 sq ft
- Lot
- 19,602 sq ft
- Year built
- 1978
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22079784
- Listed
- Jan 13, 2026
- Days on market
- 263
- Listing agent
- Than Hnin · BEB Realty LLC
2692758653 · thancunghnin@gmail.com - Price history
- First asked $325,000
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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.