1 / 6
30score
$250,000
MLS
Street view615 W Stop 11 Rd
Indianapolis IN 46217 · Single Family · built 1960
4 bd2 ba1,867 sqft$134/sqft vs ZIP $164 −18%
1.12 lender DSCR (est.)
Rent covers the estimated payment 1.12× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,055/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.
18% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$250,000List price
$2,055Rent estimate / mo
1.12Lender DSCR (est.)
$4,956Taxes / yr · county assessor
$164ZIP median $ / sqft
30/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,055 |
| − Mortgage (P&I) | −$1,311 |
| − Taxes | −$413 |
| − Insurance | −$104 |
| = Cash flow before vacancy & repairs | $227 |
The numbers
- Price
- $250,000
- $ / sq ft
- $134 ZIP median $164
- Rent estimate
- $2,055/mo ZIP + bedroom comps
- Property taxes
- $4,956/yr 2% cap on assessed value $247,800
- PITIA (assumed)
- $1,828/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.12 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 30/100 18% under ZIP $/sqft
The property
- Beds / baths
- 4 / 2
- Living area
- 1,867 sq ft
- Lot
- 17,860 sq ft
- Year built
- 1960
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22122014
- Listed
- Aug 25, 2026
- Days on market
- 53
- Listing agent
- Morgan Lathery · Keller Williams Indy Metro W
3176946503 · morgan@thelatheryteam.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.