Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
17score
↓ $10,000
$439,900
MLS
Street view6457 Broadway St
Indianapolis IN 46220 · Single Family · built 1948
3 bd2.5 ba2,329 sqft$189/sqft vs ZIP $208 −9%
0.55 lender DSCR (est.)
Rent covers the estimated payment 0.55× · 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.
9% under ZIP $/sqftprice cut 2%below assessed value
The underwriting
The numbers (estimates, illustrative)
$439,900List price
$1,795Rent estimate / mo
0.55Lender DSCR (est.)
$8,954Taxes / yr · county assessor
$208ZIP median $ / sqft
17/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,795 |
| − Mortgage (P&I) | −$2,307 |
| − Taxes | −$746 |
| − Insurance | −$183 |
| = Cash flow before vacancy & repairs | $-1,441 |
The numbers
- Price
- $439,900
- $ / sq ft
- $189 ZIP median $208
- Rent estimate
- $1,795/mo ZIP + bedroom comps
- Property taxes
- $8,954/yr 2% cap on assessed value $447,700
- PITIA (assumed)
- $3,236/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.55 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 17/100 9% under ZIP $/sqft · price cut 2% · below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,329 sq ft
- Lot
- 7,841 sq ft
- Year built
- 1948
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- 100
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123274
- Listed
- Sep 1, 2026
- Days on market
- 32
- Listing agent
- Michael Macgill · MacGill Team, P..C.
3178437766 · mike@macgillteam.com - Price history
- First asked $449,900 · previously $449,900 cut $10,000
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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.