1 / 6
19score
↓ $13,000
$236,000
MLS
Street view6126 Glebe Dr
Indianapolis IN 46237 · Single Family · built 2001
3 bd2 ba1,236 sqft$191/sqft vs ZIP $151 +26%
1.04 lender DSCR (est.)
Rent covers the estimated payment 1.04× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,795/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 6%
The underwriting
The numbers (estimates, illustrative)
$236,000List price
$1,795Rent estimate / mo
1.04Lender DSCR (est.)
$4,370Taxes / yr · county assessor
$151ZIP median $ / sqft
19/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,795 |
| − Mortgage (P&I) | −$1,238 |
| − Taxes | −$364 |
| − Insurance | −$98 |
| − HOA | −$31 |
| = Cash flow before vacancy & repairs | $64 |
The numbers
- Price
- $236,000
- $ / sq ft
- $191 ZIP median $151
- Rent estimate
- $1,795/mo ZIP + bedroom comps
- Property taxes
- $4,370/yr 2% cap on assessed value $218,500
- PITIA (assumed)
- $1,731/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $31/mo
- Lender DSCR (est.)
- 1.04 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 19/100 price cut 6%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,236 sq ft
- Lot
- 6,534 sq ft
- Year built
- 2001
- Property type
- Single Family
- HOA
- $31/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22124257
- Listed
- Sep 4, 2026
- Days on market
- 43
- Listing agent
- Jessica Reynolds · Compass of Indiana, LLC
3175383180 · jessica.reynolds@theagencyre.com - Price history
- First asked $249,000 · previously $249,000 cut $13,000
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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.