1 / 6
35score
↓ $25,000
$275,000
MLS
Street view6146 Ralston Ave
Indianapolis IN 46220 · Single Family · built 1939
2 bd2 ba1,734 sqft$159/sqft vs ZIP $208 −24%
0.84 lender DSCR (est.)
Rent covers the estimated payment 0.84× · 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.
24% under ZIP $/sqftprice cut 9%below assessed value
The underwriting
The numbers (estimates, illustrative)
$275,000List price
$1,710Rent estimate / mo
0.84Lender DSCR (est.)
$5,650Taxes / yr · county assessor
$208ZIP median $ / sqft
35/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,710 |
| − Mortgage (P&I) | −$1,442 |
| − Taxes | −$471 |
| − Insurance | −$115 |
| = Cash flow before vacancy & repairs | $-318 |
The numbers
- Price
- $275,000
- $ / sq ft
- $159 ZIP median $208
- Rent estimate
- $1,710/mo ZIP + bedroom comps
- Property taxes
- $5,650/yr 2% cap on assessed value $282,500
- PITIA (assumed)
- $2,028/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.84 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 35/100 24% under ZIP $/sqft · price cut 9% · below assessed value
The property
- Beds / baths
- 2 / 2
- Living area
- 1,734 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1939
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22108515
- Listed
- Jun 25, 2026
- Days on market
- 114
- Listing agent
- Judy Koehler, Manager · Carpenter Realtors - Fishers
3175072373 · sellsnindy@aol.com - Price history
- First asked $300,000 · previously $300,000 cut $25,000
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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.