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22score
$211,000
MLS
Street view507 Armentrout Ln
Indianapolis IN 46241 · Single Family · built 1965
3 bd2 ba1,186 sqft$178/sqft vs ZIP $157 +13%
1.25 lender DSCR (est.)
Rent covers the estimated payment 1.25× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,805/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.
DSCR 1.25
The underwriting
The numbers (estimates, illustrative)
$211,000List price
$1,805Rent estimate / mo
1.25Lender DSCR (est.)
$3,034Taxes / yr · county assessor
$157ZIP median $ / sqft
22/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,805 |
| − Mortgage (P&I) | −$1,107 |
| − Taxes | −$253 |
| − Insurance | −$88 |
| = Cash flow before vacancy & repairs | $358 |
The numbers
- Price
- $211,000
- $ / sq ft
- $178 ZIP median $157
- Rent estimate
- $1,805/mo ZIP + bedroom comps
- Property taxes
- $3,034/yr 2% cap on assessed value $151,700
- PITIA (assumed)
- $1,447/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.25 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 22/100 DSCR 1.25
The property
- Beds / baths
- 3 / 2
- Living area
- 1,186 sq ft
- Lot
- 8,712 sq ft
- Year built
- 1965
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22124739
- Listed
- Sep 7, 2026
- Days on market
- 25
- Listing agent
- Shelby K Farrar · Opendoor Brokerage, LLC.
4804625392 · homes@opendoor.com - Price history
- First asked $211,000
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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.