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42score
New
$200,000
MLS
Street view551 Castle Manor Ct
Indianapolis IN 46214 · Single Family · built 1963
4 bd2 ba1,632 sqft$123/sqft vs ZIP $143 −14%
1.22 lender DSCR (est.)
Rent covers the estimated payment 1.22× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,846/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.
DSCR 1.2214% under ZIP $/sqftnew this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$200,000List price
$1,846Rent estimate / mo
1.22Lender DSCR (est.)
$4,562Taxes / yr · county assessor
$143ZIP median $ / sqft
42/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,846 |
| − Mortgage (P&I) | −$1,049 |
| − Taxes | −$380 |
| − Insurance | −$83 |
| = Cash flow before vacancy & repairs | $334 |
The numbers
- Price
- $200,000
- $ / sq ft
- $123 ZIP median $143
- Rent estimate
- $1,846/mo HUD fair-market rent
- Property taxes
- $4,562/yr 2% cap on assessed value $228,100
- PITIA (assumed)
- $1,512/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.22 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 42/100 DSCR 1.22 · 14% under ZIP $/sqft · new this week · below assessed value
The property
- Beds / baths
- 4 / 2
- Living area
- 1,632 sq ft
- Lot
- 13,068 sq ft
- Year built
- 1963
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22127569
- Listed
- Sep 28, 2026
- Days on market
- 5
- Listing agent
- Deborah Flowers · Carpenter Realtors Avon East
3178334229 · dflowers@callcarpenter.com - Price history
- First asked $200,000
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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.