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21score
$260,000
MLS
Street view2940 Highland Pl
Indianapolis IN 46208 · Single Family · built 1925
4 bd3 ba1,768 sqft$147/sqft vs ZIP $126 +17%
1.22 lender DSCR (est.)
Rent covers the estimated payment 1.22× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,095/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.
DSCR 1.22
The underwriting
The numbers (estimates, illustrative)
$260,000List price
$2,095Rent estimate / mo
1.22Lender DSCR (est.)
$2,346Taxes / yr · county assessor
$126ZIP median $ / sqft
21/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,095 |
| − Mortgage (P&I) | −$1,363 |
| − Taxes | −$196 |
| − Insurance | −$108 |
| − HOA | −$50 |
| = Cash flow before vacancy & repairs | $378 |
The numbers
- Price
- $260,000
- $ / sq ft
- $147 ZIP median $126
- Rent estimate
- $2,095/mo ZIP + bedroom comps
- Property taxes
- $2,346/yr 2% cap on assessed value $117,300
- PITIA (assumed)
- $1,717/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $50/mo
- Lender DSCR (est.)
- 1.22 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 21/100 DSCR 1.22
The property
- Beds / baths
- 4 / 3
- Living area
- 1,768 sq ft
- Lot
- 3,920 sq ft
- Year built
- 1925
- Property type
- Single Family
- HOA
- $50/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22110101
- Listed
- Jul 22, 2026
- Days on market
- 87
- Listing agent
- Gabriel Moore · @properties
3174893441 · info@atpropertiesind.com - Price history
- First asked $260,000
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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.