1 / 6
37score
↓ $25,100
$269,900
MLS
Street view307 N Arlington Ave
Indianapolis IN 46219 · Multi-Family · built 1951
6 bd3 ba3,375 sqft$80/sqft vs ZIP $142 −44%
0.93 lender DSCR (est.)
Rent covers the estimated payment 0.93× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,808/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.
44% under ZIP $/sqftprice cut 9%
The underwriting
The numbers (estimates, illustrative)
$269,900List price
$1,808Rent estimate / mo
0.93Lender DSCR (est.)
$5,096Taxes / yr · county assessor
$142ZIP median $ / sqft
37/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,808 |
| − Mortgage (P&I) | −$1,415 |
| − Taxes | −$425 |
| − Insurance | −$112 |
| = Cash flow before vacancy & repairs | $-145 |
The numbers
- Price
- $269,900
- $ / sq ft
- $80 ZIP median $142
- Rent estimate
- $1,808/mo HUD fair-market rent
- Property taxes
- $5,096/yr 2% cap on assessed value $254,800
- PITIA (assumed)
- $1,953/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.93 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 37/100 44% under ZIP $/sqft · price cut 9%
The property
- Beds / baths
- 6 / 3
- Living area
- 3,375 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1951
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22103902
- Listed
- May 22, 2026
- Days on market
- 148
- Listing agent
- Nino Berticelli · Exp Realty, LLC
3177052500 · 210285.lead@leads.leadrouter.com;nino@c21scheetz.com - Price history
- First asked $295,000 · previously $295,000 cut $25,100
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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.