1 / 6
5score
New
$399,900
MLS
Street view617 W Edgewood Ave
Indianapolis IN 46217 · Single Family · built 1950
4 bd2 ba2,330 sqft$172/sqft vs ZIP $161 +7%
0.76 lender DSCR (est.)
Rent covers the estimated payment 0.76× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,980/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.
new this week
The underwriting
The numbers (estimates, illustrative)
$399,900List price
$1,980Rent estimate / mo
0.76Lender DSCR (est.)
$3,958Taxes / yr · county assessor
$161ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,980 |
| − Mortgage (P&I) | −$2,097 |
| − Taxes | −$330 |
| − Insurance | −$167 |
| = Cash flow before vacancy & repairs | $-614 |
The numbers
- Price
- $399,900
- $ / sq ft
- $172 ZIP median $161
- Rent estimate
- $1,980/mo ZIP + bedroom comps
- Property taxes
- $3,958/yr 2% cap on assessed value $197,900
- PITIA (assumed)
- $2,594/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.76 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 new this week
The property
- Beds / baths
- 4 / 2
- Living area
- 2,330 sq ft
- Lot
- 213,008 sq ft
- Year built
- 1950
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22133883
- Listed
- Oct 30, 2026
- Days on market
- 3
- Listing agent
- Robert Vanhook · Premier Agent Network
3178812100 · vanhookrealestate@yahoo.com - Price history
- First asked $399,900
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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.