Street view of 2223 E 74th St
1 / 6
22score
New
$299,800
MLS Street view
Search photos

2223 E 74th St

Indianapolis IN 46240 · Single Family · built 1953
4 bd2 ba1,410 sqft$213/sqft vs ZIP $207 +3%
1.16 lender DSCR (est.)
Rent covers the estimated payment 1.16× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,316/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.

new this week
The underwriting

The numbers (estimates, illustrative)

$299,800List price
$2,316Rent estimate / mo
1.16Lender DSCR (est.)
$3,492Taxes / yr · county assessor
$207ZIP median $ / sqft
22/100Deal Score

Monthly picture (illustrative)

Rent est.$2,316
− Mortgage (P&I)−$1,572
− Taxes−$291
− Insurance−$125
= Cash flow before vacancy & repairs$328

The numbers

Price
$299,800
$ / sq ft
$213 ZIP median $207
Rent estimate
$2,316/mo HUD fair-market rent
Property taxes
$3,492/yr 2% cap on assessed value $174,600
PITIA (assumed)
$1,988/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.16 rent ÷ PITIA · lender floor 1.20
Deal Score
22/100 new this week

The property

Beds / baths
4 / 2
Living area
1,410 sq ft
Lot
15,246 sq ft
Year built
1953
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22131579
Listed
Oct 14, 2026
Days on market
4
Listing agent
Brian Waters · Mentor Listing Realty Inc
8662691006 · bwaters@mentorlisting.com
Price history
First asked $299,800
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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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