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18score
$254,900
MLS
Street view1835 Sonesta Ln
Indianapolis IN 46217 · Single Family · built 2001
3 bd2 ba1,858 sqft$137/sqft vs ZIP $164 −16%
0.97 lender DSCR (est.)
Rent covers the estimated payment 0.97× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,820/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)
$254,900List price
$1,820Rent estimate / mo
0.97Lender DSCR (est.)
$5,014Taxes / yr · county assessor
$164ZIP median $ / sqft
18/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,820 |
| − Mortgage (P&I) | −$1,337 |
| − Taxes | −$418 |
| − Insurance | −$106 |
| − HOA | −$21 |
| = Cash flow before vacancy & repairs | $-62 |
The numbers
- Price
- $254,900
- $ / sq ft
- $137 ZIP median $164
- Rent estimate
- $1,820/mo ZIP + bedroom comps
- Property taxes
- $5,014/yr 2% cap on assessed value $250,700
- PITIA (assumed)
- $1,882/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $21/mo
- Lender DSCR (est.)
- 0.97 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 18/100 16% under ZIP $/sqft
The property
- Beds / baths
- 3 / 2
- Living area
- 1,858 sq ft
- Lot
- 6,098 sq ft
- Year built
- 2001
- Property type
- Single Family
- HOA
- $21/mo
- Flood zone
- 100
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22130337
- Listed
- Oct 9, 2026
- Days on market
- 9
- Listing agent
- Tammy Everett · Everett Realty Group, LLC
3175086277 · tamara1127@aol.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.