1 / 6
7score
$286,400
MLS
Street view2640 Guilford Ave
Indianapolis IN 46205 · Multi-Family · built 1900
6 bd4 ba
1.00 lender DSCR (est.)
Rent covers the estimated payment 1.00× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,026/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.
The underwriting
The numbers (estimates, illustrative)
$286,400List price
$2,026Rent estimate / mo
1.00Lender DSCR (est.)
$4,816Taxes / yr · county assessor
$165ZIP median $ / sqft
7/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,026 |
| − Mortgage (P&I) | −$1,502 |
| − Taxes | −$401 |
| − Insurance | −$119 |
| = Cash flow before vacancy & repairs | $3 |
The numbers
- Price
- $286,400
- $ / sq ft
- —
- Rent estimate
- $2,026/mo HUD fair-market rent
- Property taxes
- $4,816/yr 2% cap on assessed value $240,800
- PITIA (assumed)
- $2,023/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.00 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 7/100
The property
- Beds / baths
- 6 / 4
- Living area
- —
- Lot
- 1,742 sq ft
- Year built
- 1900
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22125826
- Listed
- Sep 13, 2026
- Days on market
- 34
- Listing agent
- Lakisha Lately · Compass Indiana, LLC
3174016380 · info@latelyhomes.com - Price history
- First asked $286,400
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.