1 / 6
8score
$460,000
MLS
Street view6234 Simien Rd
Indianapolis IN 46237 · Single Family · built 2003
4 bd2.5 ba3,296 sqft$140/sqft vs ZIP $153 −9%
0.63 lender DSCR (est.)
Rent covers the estimated payment 0.63× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,133/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.
9% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$460,000List price
$2,133Rent estimate / mo
0.63Lender DSCR (est.)
$9,198Taxes / yr · county assessor
$153ZIP median $ / sqft
8/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,133 |
| − Mortgage (P&I) | −$2,412 |
| − Taxes | −$767 |
| − Insurance | −$192 |
| − HOA | −$21 |
| = Cash flow before vacancy & repairs | $-1,258 |
The numbers
- Price
- $460,000
- $ / sq ft
- $140 ZIP median $153
- Rent estimate
- $2,133/mo ZIP + bedroom comps
- Property taxes
- $9,198/yr 2% cap on assessed value $459,900
- PITIA (assumed)
- $3,391/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $21/mo
- Lender DSCR (est.)
- 0.63 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 8/100 9% under ZIP $/sqft
The property
- Beds / baths
- 4 / 2.5
- Living area
- 3,296 sq ft
- Lot
- 16,117 sq ft
- Year built
- 2003
- Property type
- Single Family
- HOA
- $21/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22127272
- Listed
- Sep 21, 2026
- Days on market
- 12
- Listing agent
- Shelby K Farrar · Opendoor Brokerage, LLC.
4804625392 · homes@opendoor.com - Price history
- First asked $460,000
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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.