1 / 6
26score
New
$229,900
MLS
Street view6154 E 43rd
Indianapolis IN 46226 · Single Family · built 1958
4 bd2 ba2,236 sqft$103/sqft vs ZIP $128 −20%
0.80 lender DSCR (est.)
Rent covers the estimated payment 0.80× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,426/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.
20% under ZIP $/sqftnew this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$229,900List price
$1,426Rent estimate / mo
0.80Lender DSCR (est.)
$5,826Taxes / yr · county assessor
$128ZIP median $ / sqft
26/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,426 |
| − Mortgage (P&I) | −$1,206 |
| − Taxes | −$486 |
| − Insurance | −$96 |
| = Cash flow before vacancy & repairs | $-361 |
The numbers
- Price
- $229,900
- $ / sq ft
- $103 ZIP median $128
- Rent estimate
- $1,426/mo ZIP + bedroom comps
- Property taxes
- $5,826/yr 2% cap on assessed value $291,300
- PITIA (assumed)
- $1,787/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.80 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 26/100 20% under ZIP $/sqft · new this week · below assessed value
The property
- Beds / baths
- 4 / 2
- Living area
- 2,236 sq ft
- Lot
- 8,712 sq ft
- Year built
- 1958
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22128597
- Listed
- Oct 4, 2026
- Days on market
- 4
- Listing agent
- Robert Davenport · Plum Tree Realty
3172095528 · rmd1.edu@gmail.com - Price history
- First asked $229,900
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.