1 / 6
14score
$437,000
MLS
Street view6016 N Park Ave
Indianapolis IN 46220 · Single Family · built 1927
3 bd2.5 ba2,704 sqft$162/sqft vs ZIP $194 −17%
0.59 lender DSCR (est.)
Rent covers the estimated payment 0.59× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,803/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.
17% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$437,000List price
$1,803Rent estimate / mo
0.59Lender DSCR (est.)
$6,960Taxes / yr · county assessor
$194ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,803 |
| − Mortgage (P&I) | −$2,292 |
| − Taxes | −$580 |
| − Insurance | −$182 |
| = Cash flow before vacancy & repairs | $-1,251 |
The numbers
- Price
- $437,000
- $ / sq ft
- $162 ZIP median $194
- Rent estimate
- $1,803/mo ZIP + bedroom comps
- Property taxes
- $6,960/yr 2% cap on assessed value $348,000
- PITIA (assumed)
- $3,054/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.59 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100 17% under ZIP $/sqft
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,704 sq ft
- Lot
- 6,970 sq ft
- Year built
- 1927
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- 100
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22124138
- Listed
- Sep 10, 2026
- Days on market
- 23
- Listing agent
- Elizabeth Brown · United Real Estate Indpls
3177224350 · chris@unitedindy.com - Price history
- First asked $437,000
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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.