Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
14score
↓ $10,000
$509,900
MLS
Street view4516 Sylvan Rd
Indianapolis IN 46228 · Single Family · built 1966
4 bd2.5 ba3,807 sqft$134/sqft vs ZIP $143 −6%
0.62 lender DSCR (est.)
Rent covers the estimated payment 0.62× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,332/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.
price cut 2%below assessed value
The underwriting
The numbers (estimates, illustrative)
$509,900List price
$2,332Rent estimate / mo
0.62Lender DSCR (est.)
$10,608Taxes / yr · county assessor
$143ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,332 |
| − Mortgage (P&I) | −$2,674 |
| − Taxes | −$884 |
| − Insurance | −$212 |
| = Cash flow before vacancy & repairs | $-1,438 |
The numbers
- Price
- $509,900
- $ / sq ft
- $134 ZIP median $143
- Rent estimate
- $2,332/mo HUD fair-market rent
- Property taxes
- $10,608/yr 2% cap on assessed value $530,400
- PITIA (assumed)
- $3,770/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.62 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100 price cut 2% · below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 3,807 sq ft
- Lot
- 16,988 sq ft
- Year built
- 1966
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22116043
- Listed
- Aug 7, 2026
- Days on market
- 57
- Listing agent
- Vicki Reed · Keller Williams Indy Metro Ne
3179197931 · vlrrealestate@kwrealty.com - Price history
- First asked $519,900 · previously $519,900 cut $10,000
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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.