Street view of 1852 Misty Lake Dr
1 / 6
11score
$225,000
MLS Street view
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1852 Misty Lake Dr

Indianapolis IN 46260 · Single Family · built 1999
2 bd2.5 ba1,422 sqft$158/sqft vs ZIP $172 −8%
0.89 lender DSCR (est.)
Rent covers the estimated payment 0.89× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,550/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)

$225,000List price
$1,550Rent estimate / mo
0.89Lender DSCR (est.)
$4,678Taxes / yr · county assessor
$172ZIP median $ / sqft
11/100Deal Score

Monthly picture (illustrative)

Rent est.$1,550
− Mortgage (P&I)−$1,180
− Taxes−$390
− Insurance−$94
− HOA−$71
= Cash flow before vacancy & repairs$-185

The numbers

Price
$225,000
$ / sq ft
$158 ZIP median $172
Rent estimate
$1,550/mo ZIP + bedroom comps
Property taxes
$4,678/yr 2% cap on assessed value $233,900
PITIA (assumed)
$1,735/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $71/mo
Lender DSCR (est.)
0.89 rent ÷ PITIA · lender floor 1.20
Deal Score
11/100 below assessed value

The property

Beds / baths
2 / 2.5
Living area
1,422 sq ft
Lot
3,049 sq ft
Year built
1999
Property type
Single Family
HOA
$71/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22106483
Listed
Jul 22, 2026
Days on market
87
Listing agent
Gurvinder Gill · Century 21 Scheetz
3178445111 · gill@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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