1 / 6
0score
$269,900
MLS
Street view6336 Emerald Springs Dr
Indianapolis IN 46221 · Single Family · built 2012
3 bd2 ba1,338 sqft$202/sqft vs ZIP $145 +39%
0.90 lender DSCR (est.)
Rent covers the estimated payment 0.90× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,730/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.
The underwriting
The numbers (estimates, illustrative)
$269,900List price
$1,730Rent estimate / mo
0.90Lender DSCR (est.)
$4,486Taxes / yr · county assessor
$145ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,730 |
| − Mortgage (P&I) | −$1,415 |
| − Taxes | −$374 |
| − Insurance | −$112 |
| − HOA | −$25 |
| = Cash flow before vacancy & repairs | $-197 |
The numbers
- Price
- $269,900
- $ / sq ft
- $202 ZIP median $145
- Rent estimate
- $1,730/mo ZIP + bedroom comps
- Property taxes
- $4,486/yr 2% cap on assessed value $224,300
- PITIA (assumed)
- $1,927/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $25/mo
- Lender DSCR (est.)
- 0.90 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,338 sq ft
- Lot
- 5,663 sq ft
- Year built
- 2012
- Property type
- Single Family
- HOA
- $25/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22124629
- Listed
- Sep 10, 2026
- Days on market
- 22
- Listing agent
- Ashlee Floyd · The Stewart Home Group
3177539045 · stephanie@thestewarthomegroup.com - Price history
- First asked $269,900
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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.