1 / 6
5score
$450,000
MLS
Street view5734 Indianola Ave
Indianapolis IN 46220 · Single Family · built 1937
4 bd2.5 ba1,941 sqft$232/sqft vs ZIP $202 +15%
0.67 lender DSCR (est.)
Rent covers the estimated payment 0.67× · 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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$450,000List price
$2,236Rent estimate / mo
0.67Lender DSCR (est.)
$9,604Taxes / yr · county assessor
$202ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,236 |
| − Mortgage (P&I) | −$2,360 |
| − Taxes | −$800 |
| − Insurance | −$188 |
| = Cash flow before vacancy & repairs | $-1,112 |
The numbers
- Price
- $450,000
- $ / sq ft
- $232 ZIP median $202
- Rent estimate
- $2,236/mo HUD fair-market rent
- Property taxes
- $9,604/yr 2% cap on assessed value $480,200
- PITIA (assumed)
- $3,348/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.67 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 1,941 sq ft
- Lot
- 6,534 sq ft
- Year built
- 1937
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22096920
- Listed
- Apr 23, 2026
- Days on market
- 192
- Listing agent
- Dan Hubbard · eXp Realty, LLC
7163102444 · dan@locksteprealty.com - Price history
- First asked $450,000
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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.