Street view of 362 Maxwell Rd
1 / 6
20score
$209,900
MLS Street view
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362 Maxwell Rd

Indianapolis IN 46217 · Single Family · built 1952
2 bd1 ba1,611 sqft$130/sqft vs ZIP $161 −19%
0.97 lender DSCR (est.)
Rent covers the estimated payment 0.97× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,455/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.

19% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$209,900List price
$1,455Rent estimate / mo
0.97Lender DSCR (est.)
$3,746Taxes / yr · county assessor
$161ZIP median $ / sqft
20/100Deal Score

Monthly picture (illustrative)

Rent est.$1,455
− Mortgage (P&I)−$1,101
− Taxes−$312
− Insurance−$87
= Cash flow before vacancy & repairs$-45

The numbers

Price
$209,900
$ / sq ft
$130 ZIP median $161
Rent estimate
$1,455/mo HUD fair-market rent
Property taxes
$3,746/yr 2% cap on assessed value $187,300
PITIA (assumed)
$1,500/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.97 rent ÷ PITIA · lender floor 1.20
Deal Score
20/100 19% under ZIP $/sqft

The property

Beds / baths
2 / 1
Living area
1,611 sq ft
Lot
18,731 sq ft
Year built
1952
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22127965
Listed
Sep 24, 2026
Days on market
8
Listing agent
Ben Grise · List With Ben, LLC
3175401553 · sales@investwithben.com
Price history
First asked $209,900
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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.

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