1 / 6
27score
↓ $1,000
$253,900
MLS
Street view6335 E 16th St
Indianapolis IN 46219 · Single Family · built 1926
5 bd2 ba2,080 sqft$122/sqft vs ZIP $142 −14%
1.12 lender DSCR (est.)
Rent covers the estimated payment 1.12× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,808/mo (HUD fair-market rent) ÷ 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.
14% under ZIP $/sqftprice cut 0%
The underwriting
The numbers (estimates, illustrative)
$253,900List price
$1,808Rent estimate / mo
1.12Lender DSCR (est.)
$2,134Taxes / yr · county assessor
$142ZIP median $ / sqft
27/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,808 |
| − Mortgage (P&I) | −$1,331 |
| − Taxes | −$178 |
| − Insurance | −$106 |
| = Cash flow before vacancy & repairs | $193 |
The numbers
- Price
- $253,900
- $ / sq ft
- $122 ZIP median $142
- Rent estimate
- $1,808/mo HUD fair-market rent
- Property taxes
- $2,134/yr 2% cap on assessed value $106,700
- PITIA (assumed)
- $1,615/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.12 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 27/100 14% under ZIP $/sqft · price cut 0%
The property
- Beds / baths
- 5 / 2
- Living area
- 2,080 sq ft
- Lot
- 7,841 sq ft
- Year built
- 1926
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22124354
- Listed
- Sep 4, 2026
- Days on market
- 43
- Listing agent
- Claudia Arroyo Garibay · Garnet Group
3174354227 · claudiaarrga@gmail.com - Price history
- First asked $254,900 · previously $254,900 cut $1,000
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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.