1 / 6
0score
$450,000
MLS
Street view2915 N Mitthoefer Rd
Indianapolis IN 46229 · Single Family · built 1961
3 bd2.5 ba2,576 sqft$175/sqft vs ZIP $138 +27%
0.58 lender DSCR (est.)
Rent covers the estimated payment 0.58× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,750/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)
$450,000List price
$1,750Rent estimate / mo
0.58Lender DSCR (est.)
$5,548Taxes / yr · county assessor
$138ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,750 |
| − Mortgage (P&I) | −$2,360 |
| − Taxes | −$462 |
| − Insurance | −$188 |
| = Cash flow before vacancy & repairs | $-1,260 |
The numbers
- Price
- $450,000
- $ / sq ft
- $175 ZIP median $138
- Rent estimate
- $1,750/mo ZIP + bedroom comps
- Property taxes
- $5,548/yr 2% cap on assessed value $277,400
- PITIA (assumed)
- $3,010/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.58 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,576 sq ft
- Lot
- 192,971 sq ft
- Year built
- 1961
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22126515
- Listed
- Sep 16, 2026
- Days on market
- 17
- Listing agent
- Stephanie Brinkley · F.C. Tucker Company
3178437767 · stephanie.brinkley@talktotucker.com - Price history
- First asked $450,000
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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.