Street view of 2418 Ryan Dr
1 / 6
13score
↓ $50,000
$250,000
MLS Street view
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2418 Ryan Dr

Indianapolis IN 46220 · Single Family · built 1941
2 bd2 ba913 sqft$274/sqft vs ZIP $208 +32%
0.95 lender DSCR (est.)
Rent covers the estimated payment 0.95× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,710/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.

price cut 20%
The underwriting

The numbers (estimates, illustrative)

$250,000List price
$1,710Rent estimate / mo
0.95Lender DSCR (est.)
$4,692Taxes / yr · county assessor
$208ZIP median $ / sqft
13/100Deal Score

Monthly picture (illustrative)

Rent est.$1,710
− Mortgage (P&I)−$1,311
− Taxes−$391
− Insurance−$104
= Cash flow before vacancy & repairs$-96

The numbers

Price
$250,000
$ / sq ft
$274 ZIP median $208
Rent estimate
$1,710/mo ZIP + bedroom comps
Property taxes
$4,692/yr 2% cap on assessed value $234,600
PITIA (assumed)
$1,806/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.95 rent ÷ PITIA · lender floor 1.20
Deal Score
13/100 price cut 20%

The property

Beds / baths
2 / 2
Living area
913 sq ft
Lot
6,098 sq ft
Year built
1941
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22121675
Listed
Aug 27, 2026
Days on market
51
Listing agent
Christy Cutsinger · F.C. Tucker Company - Crosspoint
3178495050 · christycutsinger@gmail.com
Price history
First asked $300,000 · previously $265,000 cut $50,000
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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.

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