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8score
$269,500
MLS
Street view1624 Pele Pl
Indianapolis IN 46214 · Single Family · built 1989
3 bd2.5 ba1,817 sqft$148/sqft vs ZIP $143 +4%
0.94 lender DSCR (est.)
Rent covers the estimated payment 0.94× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,893/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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$269,500List price
$1,893Rent estimate / mo
0.94Lender DSCR (est.)
$5,834Taxes / yr · county assessor
$143ZIP median $ / sqft
8/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,893 |
| − Mortgage (P&I) | −$1,413 |
| − Taxes | −$486 |
| − Insurance | −$112 |
| = Cash flow before vacancy & repairs | $-119 |
The numbers
- Price
- $269,500
- $ / sq ft
- $148 ZIP median $143
- Rent estimate
- $1,893/mo ZIP + bedroom comps
- Property taxes
- $5,834/yr 2% cap on assessed value $291,700
- PITIA (assumed)
- $2,012/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.94 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 8/100 below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,817 sq ft
- Lot
- 10,890 sq ft
- Year built
- 1989
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22126190
- Listed
- Sep 15, 2026
- Days on market
- 17
- Listing agent
- Deanna Jackson · Carpenter Realtors, West
3174425101 · djackson@mibor.net - Price history
- First asked $269,500
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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.