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78score
New
$114,900
MLS
Street view6255 E 24th St
Indianapolis IN 46219 · Single Family · built 1948
4 bd1 ba1,221 sqft$94/sqft vs ZIP $144 −35%
1.97 lender DSCR (est.)
Rent covers the estimated payment 1.97× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,609/mo (hud:safmr:capped) ÷ 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.
DSCR 1.9735% under ZIP $/sqftnew this weekregistered rental
The underwriting
The numbers (estimates, illustrative)
$114,900List price
$1,609Rent estimate / mo
1.97Lender DSCR (est.)
$1,994Taxes / yr · county assessor
$144ZIP median $ / sqft
78/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,609 |
| − Mortgage (P&I) | −$603 |
| − Taxes | −$166 |
| − Insurance | −$48 |
| = Cash flow before vacancy & repairs | $792 |
The numbers
- Price
- $114,900
- $ / sq ft
- $94 ZIP median $144
- Rent estimate
- $1,609/mo hud:safmr:capped
- Property taxes
- $1,994/yr 2% cap on assessed value $99,700
- PITIA (assumed)
- $817/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.97 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 78/100 DSCR 1.97 · 35% under ZIP $/sqft · new this week · registered rental
The property
- Beds / baths
- 4 / 1
- Living area
- 1,221 sq ft
- Lot
- 8,712 sq ft
- Year built
- 1948
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22130241
- Listed
- Oct 7, 2026
- Days on market
- 3
- Listing agent
- Maxwell Richter · Wilmoth Group
3178423400 · maxr@wilmothgroup.com - Price history
- First asked $114,900
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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.