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14score
$239,900
MLS
Street view524 Garden Grace Dr
Indianapolis IN 46239 · Single Family · built 1994
3 bd2 ba1,527 sqft$157/sqft vs ZIP $152 +3%
1.12 lender DSCR (est.)
Rent covers the estimated payment 1.12× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,960/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.
The underwriting
The numbers (estimates, illustrative)
$239,900List price
$1,960Rent estimate / mo
1.12Lender DSCR (est.)
$4,644Taxes / yr · county assessor
$152ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,960 |
| − Mortgage (P&I) | −$1,258 |
| − Taxes | −$387 |
| − Insurance | −$100 |
| = Cash flow before vacancy & repairs | $215 |
The numbers
- Price
- $239,900
- $ / sq ft
- $157 ZIP median $152
- Rent estimate
- $1,960/mo ZIP + bedroom comps
- Property taxes
- $4,644/yr 2% cap on assessed value $232,200
- PITIA (assumed)
- $1,745/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.12 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,527 sq ft
- Lot
- 0.212 acres
- Year built
- 1994
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 110519
- Listed
- Sep 16, 2026
- Days on market
- 16
- Listing agent
- Weir,julie · Remax R.E.A.
8122084038 · julieremaxth@gmail.com - Price history
- First asked $239,900
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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.