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38score
New
$209,900
MLS
Street view220 Cossell Dr
Indianapolis IN 46224 · Single Family · built 1928
3 bd2 ba1,620 sqft$130/sqft vs ZIP $168 −23%
1.12 lender DSCR (est.)
Rent covers the estimated payment 1.12× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,685/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.
23% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$209,900List price
$1,685Rent estimate / mo
1.12Lender DSCR (est.)
$3,724Taxes / yr · county assessor
$168ZIP median $ / sqft
38/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,685 |
| − Mortgage (P&I) | −$1,101 |
| − Taxes | −$310 |
| − Insurance | −$87 |
| = Cash flow before vacancy & repairs | $186 |
The numbers
- Price
- $209,900
- $ / sq ft
- $130 ZIP median $168
- Rent estimate
- $1,685/mo ZIP + bedroom comps
- Property taxes
- $3,724/yr 2% cap on assessed value $186,200
- PITIA (assumed)
- $1,499/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.12 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 38/100 23% under ZIP $/sqft · new this week
The property
- Beds / baths
- 3 / 2
- Living area
- 1,620 sq ft
- Lot
- 21,780 sq ft
- Year built
- 1928
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22128904
- Listed
- Oct 5, 2026
- Days on market
- 3
- Listing agent
- Jessica Barton · Keller Williams Indy Metro W
3177752562 · jessicabarton@kw.com - Price history
- First asked $209,900
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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.