1 / 6
10score
↓ $5,000
$225,000
MLS
Street view1845 Blue Pine Ln
Indianapolis IN 46231 · Single Family · built 2002
2 bd2 ba1,078 sqft$209/sqft vs ZIP $147 +42%
0.99 lender DSCR (est.)
Rent covers the estimated payment 0.99× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,598/mo (HUD fair-market rent) ÷ 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.
price cut 2%
The underwriting
The numbers (estimates, illustrative)
$225,000List price
$1,598Rent estimate / mo
0.99Lender DSCR (est.)
$3,882Taxes / yr · county assessor
$147ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,598 |
| − Mortgage (P&I) | −$1,180 |
| − Taxes | −$324 |
| − Insurance | −$94 |
| − HOA | −$22 |
| = Cash flow before vacancy & repairs | $-21 |
The numbers
- Price
- $225,000
- $ / sq ft
- $209 ZIP median $147
- Rent estimate
- $1,598/mo HUD fair-market rent
- Property taxes
- $3,882/yr 2% cap on assessed value $194,100
- PITIA (assumed)
- $1,619/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $22/mo
- Lender DSCR (est.)
- 0.99 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 2%
The property
- Beds / baths
- 2 / 2
- Living area
- 1,078 sq ft
- Lot
- 5,227 sq ft
- Year built
- 2002
- Property type
- Single Family
- HOA
- $22/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22119523
- Listed
- Aug 11, 2026
- Days on market
- 67
- Listing agent
- Beau Matlock · Matlock Realty Group
3179106493 · beau@matlockgroup.net - Price history
- First asked $230,000 · previously $230,000 cut $5,000
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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.