Street view of 2426 E 57th St
1 / 6
7score
$269,900
MLS Street view
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2426 E 57th St

Indianapolis IN 46220 · Single Family · built 1996
3 bd1.5 ba1,191 sqft$227/sqft vs ZIP $194 +17%
1.02 lender DSCR (est.)
Rent covers the estimated payment 1.02× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,803/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)

$269,900List price
$1,803Rent estimate / mo
1.02Lender DSCR (est.)
$2,976Taxes / yr · county assessor
$194ZIP median $ / sqft
7/100Deal Score

Monthly picture (illustrative)

Rent est.$1,803
− Mortgage (P&I)−$1,415
− Taxes−$248
− Insurance−$112
= Cash flow before vacancy & repairs$27

The numbers

Price
$269,900
$ / sq ft
$227 ZIP median $194
Rent estimate
$1,803/mo ZIP + bedroom comps
Property taxes
$2,976/yr 2% cap on assessed value $148,800
PITIA (assumed)
$1,776/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.02 rent ÷ PITIA · lender floor 1.20
Deal Score
7/100

The property

Beds / baths
3 / 1.5
Living area
1,191 sq ft
Lot
6,098 sq ft
Year built
1996
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22126036
Listed
Sep 17, 2026
Days on market
15
Listing agent
Loren Long · CENTURY 21 Scheetz
3178731700 · llong@c21scheetz.com
Price history
First asked $269,900
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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.

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