1 / 6
10score
New
$275,000
MLS
Street view5602 Kingsley Dr
Indianapolis IN 46220 · Single Family · built 1955
2 bd1 ba1,194 sqft$230/sqft vs ZIP $206 +12%
0.97 lender DSCR (est.)
Rent covers the estimated payment 0.97× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,875/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)
$275,000List price
$1,875Rent estimate / mo
0.97Lender DSCR (est.)
$4,498Taxes / yr · county assessor
$206ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,875 |
| − Mortgage (P&I) | −$1,442 |
| − Taxes | −$375 |
| − Insurance | −$115 |
| = Cash flow before vacancy & repairs | $-57 |
The numbers
- Price
- $275,000
- $ / sq ft
- $230 ZIP median $206
- Rent estimate
- $1,875/mo ZIP + bedroom comps
- Property taxes
- $4,498/yr 2% cap on assessed value $224,900
- PITIA (assumed)
- $1,932/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.97 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 new this week
The property
- Beds / baths
- 2 / 1
- Living area
- 1,194 sq ft
- Lot
- 9,148 sq ft
- Year built
- 1955
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131322
- Listed
- Oct 26, 2026
- Days on market
- 6
- Listing agent
- Julianne Deely · Berkshire Hathaway HomeServices Indiana Realty
3174146172 · juliannedeely@gmail.com - Price history
- First asked $275,000
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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.