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5score
New
$490,000
MLS
Street view5230 Broadway St
Indianapolis IN 46220 · Multi-Family · built 1956
4 bd2 ba
0.65 lender DSCR (est.)
Rent covers the estimated payment 0.65× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,200/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.
new this week
The underwriting
The numbers (estimates, illustrative)
$490,000List price
$2,200Rent estimate / mo
0.65Lender DSCR (est.)
$7,450Taxes / yr · county assessor
$194ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,200 |
| − Mortgage (P&I) | −$2,570 |
| − Taxes | −$621 |
| − Insurance | −$204 |
| = Cash flow before vacancy & repairs | $-1,195 |
The numbers
- Price
- $490,000
- $ / sq ft
- —
- Rent estimate
- $2,200/mo ZIP + bedroom comps
- Property taxes
- $7,450/yr 2% cap on assessed value $372,500
- PITIA (assumed)
- $3,395/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.65 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 new this week
The property
- Beds / baths
- 4 / 2
- Living area
- —
- Lot
- 10,454 sq ft
- Year built
- 1956
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22125759
- Listed
- Oct 2, 2026
- Days on market
- 2
- Listing agent
- Kevin Durfee · Carpenter Realtors - Fishers
3175589579 · kdurfee@callcarpenter.com - Price history
- First asked $490,000
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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.