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0score
$274,999
MLS
Street view2256 N Harding St
Indianapolis IN 46208 · Single Family · built 1960
3 bd2.5 ba1,612 sqft$171/sqft vs ZIP $131 +30%
0.80 lender DSCR (est.)
Rent covers the estimated payment 0.80× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,399/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)
$274,999List price
$1,399Rent estimate / mo
0.80Lender DSCR (est.)
$2,300Taxes / yr · county assessor
$131ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,399 |
| − Mortgage (P&I) | −$1,442 |
| − Taxes | −$192 |
| − Insurance | −$115 |
| = Cash flow before vacancy & repairs | $-349 |
The numbers
- Price
- $274,999
- $ / sq ft
- $171 ZIP median $131
- Rent estimate
- $1,399/mo ZIP + bedroom comps
- Property taxes
- $2,300/yr 2% cap on assessed value $115,000
- PITIA (assumed)
- $1,748/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.80 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,612 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1960
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22126534
- Listed
- Sep 18, 2026
- Days on market
- 14
- Listing agent
- Alexandria Heygood · Highgarden Real Estate
3179643643 · amheygood@highgarden.com - Price history
- First asked $274,999
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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.