1 / 6
18score
↓ $35,500
$250,000
MLS
Street view6246 N Rural St
Indianapolis IN 46220 · Single Family · built 1955
3 bd1.5 ba1,188 sqft$210/sqft vs ZIP $208 +1%
1.03 lender DSCR (est.)
Rent covers the estimated payment 1.03× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,795/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.
price cut 14%
The underwriting
The numbers (estimates, illustrative)
$250,000List price
$1,795Rent estimate / mo
1.03Lender DSCR (est.)
$4,024Taxes / yr · county assessor
$208ZIP median $ / sqft
18/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,795 |
| − Mortgage (P&I) | −$1,311 |
| − Taxes | −$335 |
| − Insurance | −$104 |
| = Cash flow before vacancy & repairs | $44 |
The numbers
- Price
- $250,000
- $ / sq ft
- $210 ZIP median $208
- Rent estimate
- $1,795/mo ZIP + bedroom comps
- Property taxes
- $4,024/yr 2% cap on assessed value $201,200
- PITIA (assumed)
- $1,751/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.03 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 18/100 price cut 14%
The property
- Beds / baths
- 3 / 1.5
- Living area
- 1,188 sq ft
- Lot
- 15,682 sq ft
- Year built
- 1955
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22122012
- Listed
- Aug 27, 2026
- Days on market
- 51
- Listing agent
- Nancy Mutchmore · F.C. Tucker Company - Carmel
3174598816 · nancy@nancymutchmore.com - Price history
- First asked $285,500 · previously $285,500 cut $35,500
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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.