1 / 6
15score
↓ $18,000
$274,000
MLS
Street view6021 Shelby St
Indianapolis IN 46227 · Single Family · built 1952
3 bd1 ba1,480 sqft$185/sqft vs ZIP $156 +19%
0.98 lender DSCR (est.)
Rent covers the estimated payment 0.98× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,850/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.
price cut 7%
The underwriting
The numbers (estimates, illustrative)
$274,000List price
$1,850Rent estimate / mo
0.98Lender DSCR (est.)
$4,054Taxes / yr · county assessor
$156ZIP median $ / sqft
15/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,850 |
| − Mortgage (P&I) | −$1,437 |
| − Taxes | −$338 |
| − Insurance | −$114 |
| = Cash flow before vacancy & repairs | $-39 |
The numbers
- Price
- $274,000
- $ / sq ft
- $185 ZIP median $156
- Rent estimate
- $1,850/mo ZIP + bedroom comps
- Property taxes
- $4,054/yr 2% cap on assessed value $202,700
- PITIA (assumed)
- $1,889/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.98 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 15/100 price cut 7%
The property
- Beds / baths
- 3 / 1
- Living area
- 1,480 sq ft
- Lot
- 42,689 sq ft
- Year built
- 1952
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22118345
- Listed
- Sep 1, 2026
- Days on market
- 46
- Listing agent
- Karen Lyons · New Quantum Realty Group
3173725382 · klyons@callcarpenter.com - Price history
- First asked $292,000 · previously $279,900 cut $18,000
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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.