Street view of 6147 Nelson Pl
1 / 6
20score
$219,990
MLS Street view
Search photos

6147 Nelson Pl

Indianapolis IN 46219 · Multi-Family · built 1968
4 bd2 ba
1.21 lender DSCR (est.)
Rent covers the estimated payment 1.21× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,770/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.

DSCR 1.21
The underwriting

The numbers (estimates, illustrative)

$219,990List price
$1,770Rent estimate / mo
1.21Lender DSCR (est.)
$2,640Taxes / yr · assumed 1.2%
$143ZIP median $ / sqft
20/100Deal Score

Monthly picture (illustrative)

Rent est.$1,770
− Mortgage (P&I)−$1,154
− Taxes−$220
− Insurance−$92
= Cash flow before vacancy & repairs$305

The numbers

Price
$219,990
$ / sq ft
—
Rent estimate
$1,770/mo HUD fair-market rent
Property taxes
$2,640/yr assumed 1.2% of price
PITIA (assumed)
$1,465/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.21 rent ÷ PITIA · lender floor 1.20
Deal Score
20/100 DSCR 1.21

The property

Beds / baths
4 / 2
Living area
—
Lot
10,454 sq ft
Year built
1968
Property type
Multi-Family
HOA
None on record
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22133148
Listed
Oct 23, 2026
Days on market
8
Listing agent
Pa Lar · Western Myanmar LLC
3176035417 · pa@wemyrealtor.com
Price history
First asked $219,990
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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.

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