Street view of 4231 Solun Rd
1 / 6
5score
$250,000
MLS Street view
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4231 Solun Rd

Indianapolis IN 46221 · Single Family · built 1974
3 bd2 ba1,251 sqft$200/sqft vs ZIP $145 +38%
0.83 lender DSCR (est.)
Rent covers the estimated payment 0.83× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,730/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.

below assessed value
The underwriting

The numbers (estimates, illustrative)

$250,000List price
$1,730Rent estimate / mo
0.83Lender DSCR (est.)
$8,104Taxes / yr · county assessor
$145ZIP median $ / sqft
5/100Deal Score

Monthly picture (illustrative)

Rent est.$1,730
− Mortgage (P&I)−$1,311
− Taxes−$675
− Insurance−$104
= Cash flow before vacancy & repairs$-361

The numbers

Price
$250,000
$ / sq ft
$200 ZIP median $145
Rent estimate
$1,730/mo ZIP + bedroom comps
Property taxes
$8,104/yr 2% cap on assessed value $405,200
PITIA (assumed)
$2,091/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.83 rent ÷ PITIA · lender floor 1.20
Deal Score
5/100 below assessed value

The property

Beds / baths
3 / 2
Living area
1,251 sq ft
Lot
22,651 sq ft
Year built
1974
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22126555
Listed
Sep 19, 2026
Days on market
13
Listing agent
Jeneene West · F.C. Tucker Company - Mooresville
3178564719 · gregg@jeneenewest.com
Price history
First asked $250,000
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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.

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