1 / 6
0score
$215,000
MLS
Street view4409 Mann
Indianapolis IN 46221 · Multi-Family · built 1925
2 bd2 ba
0.66 lender DSCR (est.)
Rent covers the estimated payment 0.66× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $950/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
The underwriting
The numbers (estimates, illustrative)
$215,000List price
$950Rent estimate / mo
0.66Lender DSCR (est.)
$2,580Taxes / yr · assumed 1.2%
$145ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $950 |
| − Mortgage (P&I) | −$1,127 |
| − Taxes | −$215 |
| − Insurance | −$90 |
| = Cash flow before vacancy & repairs | $-482 |
The numbers
- Price
- $215,000
- $ / sq ft
- —
- Rent estimate
- $950/mo ZIP + bedroom comps
- Property taxes
- $2,580/yr assumed 1.2% of price
- PITIA (assumed)
- $1,432/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.66 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 2 / 2
- Living area
- —
- Lot
- 19,907 sq ft
- Year built
- 1925
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22124717
- 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.