1 / 6
0score
$585,000
MLS
Street view224 E 10th St
Indianapolis IN 46202 · Single Family · built 2006
3 bd3.5 ba2,497 sqft$234/sqft vs ZIP $207 +13%
0.44 lender DSCR (est.)
Rent covers the estimated payment 0.44× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,845/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.
The underwriting
The numbers (estimates, illustrative)
$585,000List price
$1,845Rent estimate / mo
0.44Lender DSCR (est.)
$10,738Taxes / yr · county assessor
$207ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,845 |
| − Mortgage (P&I) | −$3,068 |
| − Taxes | −$895 |
| − Insurance | −$244 |
| = Cash flow before vacancy & repairs | $-2,361 |
The numbers
- Price
- $585,000
- $ / sq ft
- $234 ZIP median $207
- Rent estimate
- $1,845/mo ZIP + bedroom comps
- Property taxes
- $10,738/yr 2% cap on assessed value $536,900
- PITIA (assumed)
- $4,206/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.44 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 3.5
- Living area
- 2,497 sq ft
- Lot
- 2,614 sq ft
- Year built
- 2006
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22126299
- Listed
- Sep 16, 2026
- Days on market
- 17
- Listing agent
- Rob Measel · F.C. Tucker Company - Downtown
8122080498 · rob@platcollective.com - Price history
- First asked $585,000
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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.