Street view of 43 E Cragmont Dr
1 / 6
9score
$260,000
MLS Street view
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43 E Cragmont Dr

Indianapolis IN 46227 · Single Family · built 1959
3 bd1.5 ba1,586 sqft$164/sqft vs ZIP $156 +5%
0.96 lender DSCR (est.)
Rent covers the estimated payment 0.96× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,850/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)

$260,000List price
$1,850Rent estimate / mo
0.96Lender DSCR (est.)
$5,492Taxes / yr · county assessor
$156ZIP median $ / sqft
9/100Deal Score

Monthly picture (illustrative)

Rent est.$1,850
− Mortgage (P&I)−$1,363
− Taxes−$458
− Insurance−$108
= Cash flow before vacancy & repairs$-79

The numbers

Price
$260,000
$ / sq ft
$164 ZIP median $156
Rent estimate
$1,850/mo ZIP + bedroom comps
Property taxes
$5,492/yr 2% cap on assessed value $274,600
PITIA (assumed)
$1,929/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.96 rent ÷ PITIA · lender floor 1.20
Deal Score
9/100 below assessed value

The property

Beds / baths
3 / 1.5
Living area
1,586 sq ft
Lot
21,780 sq ft
Year built
1959
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22100471
Listed
May 7, 2026
Days on market
163
Listing agent
Ri Khuma · Highgarden Real Estate
3177503845 · rkhuma@highgarden.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.

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