Street view of 5602 Primrose Ave
1 / 6
17score
New
$455,000
MLS Street view
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5602 Primrose Ave

Indianapolis IN 46220 · Single Family · built 1953
5 bd2.5 ba2,633 sqft$173/sqft vs ZIP $202 −14%
0.70 lender DSCR (est.)
Rent covers the estimated payment 0.70× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,236/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.

15% under ZIP $/sqftnew this week
The underwriting

The numbers (estimates, illustrative)

$455,000List price
$2,236Rent estimate / mo
0.70Lender DSCR (est.)
$7,196Taxes / yr · county assessor
$202ZIP median $ / sqft
17/100Deal Score

Monthly picture (illustrative)

Rent est.$2,236
− Mortgage (P&I)−$2,386
− Taxes−$600
− Insurance−$190
= Cash flow before vacancy & repairs$-939

The numbers

Price
$455,000
$ / sq ft
$173 ZIP median $202
Rent estimate
$2,236/mo HUD fair-market rent
Property taxes
$7,196/yr 2% cap on assessed value $359,800
PITIA (assumed)
$3,175/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.70 rent ÷ PITIA · lender floor 1.20
Deal Score
17/100 15% under ZIP $/sqft · new this week

The property

Beds / baths
5 / 2.5
Living area
2,633 sq ft
Lot
7,841 sq ft
Year built
1953
Property type
Single Family
HOA
None on record
Flood zone
—
Registered rental
No

The listing

Source
Standard
MLS #
22134199
Listed
Oct 30, 2026
Days on market
3
Listing agent
Ryan Elijah Boyd · Trueblood Real Estate
3173628882 · ryan@truebloodre.com
Price history
First asked $455,000
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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.

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