Street view of 4407 Mann Rd
1 / 6
44score
$215,000
MLS Street view
Search photos

4407 Mann Rd

Indianapolis IN 46221 · Single Family · built 1925
4 bd3 ba2,654 sqft$81/sqft vs ZIP $145 −44%
1.12 lender DSCR (est.)
Rent covers the estimated payment 1.12× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,902/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 $/sqftbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$215,000List price
$1,902Rent estimate / mo
1.12Lender DSCR (est.)
$5,744Taxes / yr · county assessor
$145ZIP median $ / sqft
44/100Deal Score

Monthly picture (illustrative)

Rent est.$1,902
− Mortgage (P&I)−$1,127
− Taxes−$479
− Insurance−$90
= Cash flow before vacancy & repairs$206

The numbers

Price
$215,000
$ / sq ft
$81 ZIP median $145
Rent estimate
$1,902/mo HUD fair-market rent
Property taxes
$5,744/yr 2% cap on assessed value $287,200
PITIA (assumed)
$1,696/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.12 rent ÷ PITIA · lender floor 1.20
Deal Score
44/100 44% under ZIP $/sqft · below assessed value

The property

Beds / baths
4 / 3
Living area
2,654 sq ft
Lot
19,907 sq ft
Year built
1925
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22118594
Listed
Sep 10, 2026
Days on market
22
Listing agent
Dean Ehrgott · Tower 1 Realty
3172231186 · tower1realty@aol.com
Price history
First asked $215,000
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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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