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39score
$230,000
MLS
Street view2446 Carrollton Ave
Indianapolis IN 46205 · Single Family · built 1922
5 bd2 ba2,744 sqft$84/sqft vs ZIP $163 −49%
1.19 lender DSCR (est.)
Rent covers the estimated payment 1.19× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,041/mo (HUD fair-market rent) ÷ 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.
49% under ZIP $/sqftverify conditionbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$230,000List price
$2,041Rent estimate / mo
1.19Lender DSCR (est.)
$4,920Taxes / yr · county assessor
$163ZIP median $ / sqft
39/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,041 |
| − Mortgage (P&I) | −$1,206 |
| − Taxes | −$410 |
| − Insurance | −$96 |
| = Cash flow before vacancy & repairs | $329 |
The numbers
- Price
- $230,000
- $ / sq ft
- $84 ZIP median $163
- Rent estimate
- $2,041/mo HUD fair-market rent
- Property taxes
- $4,920/yr 2% cap on assessed value $246,000
- PITIA (assumed)
- $1,712/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.19 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 39/100 49% under ZIP $/sqft · verify condition · below assessed value
The property
- Beds / baths
- 5 / 2
- Living area
- 2,744 sq ft
- Lot
- 6,534 sq ft
- Year built
- 1922
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22045238
- Listed
- Feb 24, 2026
- Days on market
- 220
- Listing agent
- Kyle Williams · Compass Indiana, LLC
3177052500 · kyle@soldwithkyle.com - Price history
- First asked $230,000
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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.