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5score
$499,900
MLS
Street view4462 Carrollton Ave
Indianapolis IN 46205 · Multi-Family · built 1908
6 bd4 ba3,084 sqft$162/sqft vs ZIP $163 −1%
0.54 lender DSCR (est.)
Rent covers the estimated payment 0.54× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,041/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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$499,900List price
$2,041Rent estimate / mo
0.54Lender DSCR (est.)
$11,574Taxes / yr · county assessor
$163ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,041 |
| − Mortgage (P&I) | −$2,622 |
| − Taxes | −$965 |
| − Insurance | −$208 |
| = Cash flow before vacancy & repairs | $-1,753 |
The numbers
- Price
- $499,900
- $ / sq ft
- $162 ZIP median $163
- Rent estimate
- $2,041/mo HUD fair-market rent
- Property taxes
- $11,574/yr 2% cap on assessed value $578,700
- PITIA (assumed)
- $3,794/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.54 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 below assessed value
The property
- Beds / baths
- 6 / 4
- Living area
- 3,084 sq ft
- Lot
- 7,841 sq ft
- Year built
- 1908
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22120464
- Listed
- Aug 22, 2026
- Days on market
- 42
- Listing agent
- Jacob Hemrick · Hemrick Property Group Inc.
3174125310 · jake@hemrickpropertygroup.com - Price history
- First asked $499,900
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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.