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14score
$250,000
MLS
Street view6038 Gimbel Cir
Indianapolis IN 46221 · Single Family · built 2000
4 bd2.5 ba1,910 sqft$131/sqft vs ZIP $147 −11%
0.80 lender DSCR (est.)
Rent covers the estimated payment 0.80× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,530/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.
11% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$250,000List price
$1,530Rent estimate / mo
0.80Lender DSCR (est.)
$5,656Taxes / yr · county assessor
$147ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,530 |
| − Mortgage (P&I) | −$1,311 |
| − Taxes | −$471 |
| − Insurance | −$104 |
| − HOA | −$18 |
| = Cash flow before vacancy & repairs | $-375 |
The numbers
- Price
- $250,000
- $ / sq ft
- $131 ZIP median $147
- Rent estimate
- $1,530/mo ZIP + bedroom comps
- Property taxes
- $5,656/yr 2% cap on assessed value $282,800
- PITIA (assumed)
- $1,905/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $18/mo
- Lender DSCR (est.)
- 0.80 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100 11% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 1,910 sq ft
- Lot
- 7,841 sq ft
- Year built
- 2000
- Property type
- Single Family
- HOA
- $18/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22129223
- Listed
- Oct 7, 2026
- Days on market
- 11
- Listing agent
- Martha J Smart · F.C. Tucker Company - Mooresville
3173198083 · marthajsmart@gmail.com - Price history
- First asked $250,000
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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.