Street view of 1627 Countryside Ln
1 / 6
16score
$225,000
MLS Street view
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1627 Countryside Ln

Indianapolis IN 46231 · Single Family · built 1983
3 bd2 ba1,272 sqft$177/sqft vs ZIP $156 +13%
1.14 lender DSCR (est.)
Rent covers the estimated payment 1.14× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,790/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)

$225,000List price
$1,790Rent estimate / mo
1.14Lender DSCR (est.)
$3,484Taxes / yr · county assessor
$156ZIP median $ / sqft
16/100Deal Score

Monthly picture (illustrative)

Rent est.$1,790
− Mortgage (P&I)−$1,180
− Taxes−$290
− Insurance−$94
= Cash flow before vacancy & repairs$226

The numbers

Price
$225,000
$ / sq ft
$177 ZIP median $156
Rent estimate
$1,790/mo ZIP + bedroom comps
Property taxes
$3,484/yr 2% cap on assessed value $174,200
PITIA (assumed)
$1,564/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.14 rent ÷ PITIA · lender floor 1.20
Deal Score
16/100

The property

Beds / baths
3 / 2
Living area
1,272 sq ft
Lot
11,326 sq ft
Year built
1983
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22127401
Listed
Sep 24, 2026
Days on market
8
Listing agent
Loren Long · CENTURY 21 Scheetz
3178731700 · llong@c21scheetz.com
Price history
First asked $225,000
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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.

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