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5score
$280,000
MLS
Street view3269 Eddy Ct
Indianapolis IN 46214 · Single Family · built 1990
2 bd2.5 ba1,536 sqft$182/sqft vs ZIP $143 +27%
0.55 lender DSCR (est.)
Rent covers the estimated payment 0.55× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,171/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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$280,000List price
$1,171Rent estimate / mo
0.55Lender DSCR (est.)
$6,104Taxes / yr · county assessor
$143ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,171 |
| − Mortgage (P&I) | −$1,468 |
| − Taxes | −$509 |
| − Insurance | −$117 |
| − HOA | −$47 |
| = Cash flow before vacancy & repairs | $-970 |
The numbers
- Price
- $280,000
- $ / sq ft
- $182 ZIP median $143
- Rent estimate
- $1,171/mo HUD fair-market rent
- Property taxes
- $6,104/yr 2% cap on assessed value $305,200
- PITIA (assumed)
- $2,141/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $47/mo
- Lender DSCR (est.)
- 0.55 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 below assessed value
The property
- Beds / baths
- 2 / 2.5
- Living area
- 1,536 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1990
- Property type
- Single Family
- HOA
- $47/mo
- Flood zone
- 500
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22126943
- Listed
- Sep 18, 2026
- Days on market
- 14
- Listing agent
- Tyson Mckinney · F.C. Tucker Company - Fishers/Geist
3172899385 · sold@hcaestates.com - Price history
- First asked $280,000
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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.