Street view of 5002 Manker St
1 / 6
15score
$230,000
MLS Street view
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5002 Manker St

Indianapolis IN 46227 · Single Family · built 1946
3 bd2 ba1,190 sqft$193/sqft vs ZIP $156 +24%
1.06 lender DSCR (est.)
Rent covers the estimated payment 1.06× · 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)

$230,000List price
$1,850Rent estimate / mo
1.06Lender DSCR (est.)
$5,278Taxes / yr · county assessor
$156ZIP median $ / sqft
15/100Deal Score

Monthly picture (illustrative)

Rent est.$1,850
− Mortgage (P&I)−$1,206
− Taxes−$440
− Insurance−$96
= Cash flow before vacancy & repairs$108

The numbers

Price
$230,000
$ / sq ft
$193 ZIP median $156
Rent estimate
$1,850/mo ZIP + bedroom comps
Property taxes
$5,278/yr 2% cap on assessed value $263,900
PITIA (assumed)
$1,742/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.06 rent ÷ PITIA · lender floor 1.20
Deal Score
15/100 below assessed value

The property

Beds / baths
3 / 2
Living area
1,190 sq ft
Lot
21,780 sq ft
Year built
1946
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22116997
Listed
Jul 30, 2026
Days on market
79
Listing agent
Drake Gadberry · Gadberry Realty LLC
3172048324 · drake317realtor@gmail.com
Price history
First asked $230,000
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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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