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14score
$254,900
MLS
Street view1635 Stacy Lynn Dr
Indianapolis IN 46231 · Single Family · built 1983
3 bd2.5 ba1,900 sqft$134/sqft vs ZIP $147 −9%
0.93 lender DSCR (est.)
Rent covers the estimated payment 0.93× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,805/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.
9% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$254,900List price
$1,805Rent estimate / mo
0.93Lender DSCR (est.)
$5,994Taxes / yr · county assessor
$147ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,805 |
| − Mortgage (P&I) | −$1,337 |
| − Taxes | −$500 |
| − Insurance | −$106 |
| = Cash flow before vacancy & repairs | $-137 |
The numbers
- Price
- $254,900
- $ / sq ft
- $134 ZIP median $147
- Rent estimate
- $1,805/mo ZIP + bedroom comps
- Property taxes
- $5,994/yr 2% cap on assessed value $299,700
- PITIA (assumed)
- $1,942/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.93 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100 9% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,900 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 #
- 22124363
- Listed
- Sep 4, 2026
- Days on market
- 43
- Listing agent
- Rebekah Anderson · Living It Up Real Estate
3173422838 · rebekah@frontporchre.com - Price history
- First asked $254,900
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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.