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0score
$294,900
MLS
Street view6410 Bower Dr
Indianapolis IN 46241 · Single Family · built 1993
4 bd2.5 ba1,880 sqft$157/sqft vs ZIP $157 −0%
0.89 lender DSCR (est.)
Rent covers the estimated payment 0.89× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,902/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.
The underwriting
The numbers (estimates, illustrative)
$294,900List price
$1,902Rent estimate / mo
0.89Lender DSCR (est.)
$5,404Taxes / yr · county assessor
$157ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,902 |
| − Mortgage (P&I) | −$1,546 |
| − Taxes | −$450 |
| − Insurance | −$123 |
| − HOA | −$27 |
| = Cash flow before vacancy & repairs | $-245 |
The numbers
- Price
- $294,900
- $ / sq ft
- $157 ZIP median $157
- Rent estimate
- $1,902/mo HUD fair-market rent
- Property taxes
- $5,404/yr 2% cap on assessed value $270,200
- PITIA (assumed)
- $2,147/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $27/mo
- Lender DSCR (est.)
- 0.89 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 4 / 2.5
- Living area
- 1,880 sq ft
- Lot
- 10,454 sq ft
- Year built
- 1993
- Property type
- Single Family
- HOA
- $27/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123874
- Listed
- Sep 16, 2026
- Days on market
- 16
- Listing agent
- Michael Levin · Zenith Realty & Bus. Advisors
3172543082 · mlevin@indy.rr.com - Price history
- First asked $294,900
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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.