1 / 6
47score
↓ $15,000
$214,900
MLS
Street view5824 N Keystone Ave
Indianapolis IN 46220 · Single Family · built 1948
2 bd2 ba1,576 sqft$136/sqft vs ZIP $208 −34%
1.09 lender DSCR (est.)
Rent covers the estimated payment 1.09× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,710/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.
35% under ZIP $/sqftprice cut 7%
The underwriting
The numbers (estimates, illustrative)
$214,900List price
$1,710Rent estimate / mo
1.09Lender DSCR (est.)
$4,258Taxes / yr · county assessor
$208ZIP median $ / sqft
47/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,710 |
| − Mortgage (P&I) | −$1,127 |
| − Taxes | −$355 |
| − Insurance | −$90 |
| = Cash flow before vacancy & repairs | $139 |
The numbers
- Price
- $214,900
- $ / sq ft
- $136 ZIP median $208
- Rent estimate
- $1,710/mo ZIP + bedroom comps
- Property taxes
- $4,258/yr 2% cap on assessed value $212,900
- PITIA (assumed)
- $1,571/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.09 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 47/100 35% under ZIP $/sqft · price cut 7%
The property
- Beds / baths
- 2 / 2
- Living area
- 1,576 sq ft
- Lot
- 6,534 sq ft
- Year built
- 1948
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22118238
- Listed
- Aug 6, 2026
- Days on market
- 72
- Listing agent
- Christopher Dykes · Carpenter Realtors, Carmel
3176402210 · cdykes@callcarpenter.com - Price history
- First asked $229,900 · previously $224,900 cut $15,000
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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.