1 / 6
10score
New
$430,000
MLS
Street view2230 Beach Ave
Indianapolis IN 46240 · Single Family · built 2007
3 bd2.5 ba2,066 sqft$208/sqft vs ZIP $205 +2%
0.58 lender DSCR (est.)
Rent covers the estimated payment 0.58× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,919/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 weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$430,000List price
$1,919Rent estimate / mo
0.58Lender DSCR (est.)
$10,284Taxes / yr · county assessor
$205ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,919 |
| − Mortgage (P&I) | −$2,255 |
| − Taxes | −$857 |
| − Insurance | −$179 |
| = Cash flow before vacancy & repairs | $-1,372 |
The numbers
- Price
- $430,000
- $ / sq ft
- $208 ZIP median $205
- Rent estimate
- $1,919/mo HUD fair-market rent
- Property taxes
- $10,284/yr 2% cap on assessed value $514,200
- PITIA (assumed)
- $3,291/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.58 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 new this week · below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,066 sq ft
- Lot
- 10,019 sq ft
- Year built
- 2007
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- 100
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22128927
- Listed
- Sep 30, 2026
- Days on market
- 4
- Listing agent
- Lora Reynolds · Epique Inc
3174966291 · lora@wrsuccess.com - Price history
- First asked $430,000
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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.