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6score
$249,900
MLS
Street view2271 N Dearborn St
Indianapolis IN 46218 · Single Family · built 2022
3 bd2.5 ba1,962 sqft$127/sqft vs ZIP $138 −8%
0.77 lender DSCR (est.)
Rent covers the estimated payment 0.77× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,346/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)
$249,900List price
$1,346Rent estimate / mo
0.77Lender DSCR (est.)
$4,058Taxes / yr · county assessor
$138ZIP median $ / sqft
6/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,346 |
| − Mortgage (P&I) | −$1,311 |
| − Taxes | −$338 |
| − Insurance | −$104 |
| = Cash flow before vacancy & repairs | $-407 |
The numbers
- Price
- $249,900
- $ / sq ft
- $127 ZIP median $138
- Rent estimate
- $1,346/mo ZIP + bedroom comps
- Property taxes
- $4,058/yr 2% cap on assessed value $202,900
- PITIA (assumed)
- $1,753/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.77 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 6/100
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,962 sq ft
- Lot
- 6,534 sq ft
- Year built
- 2022
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22093457
- Listed
- Apr 7, 2026
- Days on market
- 193
- Listing agent
- Charlene Gaard · No Limit Real Estate, Llc
3174402149 · charlenegaard@aol.com - Price history
- First asked $249,900
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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.