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14score
$334,900
MLS
Street view6461 Madison Ave
Indianapolis IN 46227 · Single Family · built 1949
4 bd2 ba2,577 sqft$130/sqft vs ZIP $156 −17%
0.70 lender DSCR (est.)
Rent covers the estimated payment 0.70× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,700/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.
17% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$334,900List price
$1,700Rent estimate / mo
0.70Lender DSCR (est.)
$6,278Taxes / yr · county assessor
$156ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,700 |
| − Mortgage (P&I) | −$1,756 |
| − Taxes | −$523 |
| − Insurance | −$140 |
| = Cash flow before vacancy & repairs | $-719 |
The numbers
- Price
- $334,900
- $ / sq ft
- $130 ZIP median $156
- Rent estimate
- $1,700/mo ZIP + bedroom comps
- Property taxes
- $6,278/yr 2% cap on assessed value $313,900
- PITIA (assumed)
- $2,419/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.70 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100 17% under ZIP $/sqft
The property
- Beds / baths
- 4 / 2
- Living area
- 2,577 sq ft
- Lot
- 42,689 sq ft
- Year built
- 1949
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22115403
- Listed
- Jul 24, 2026
- Days on market
- 71
- Listing agent
- Natasha Fogleman · Ever Real Estate, LLC
3172244565 · natasha.fogleman@gmail.com - Price history
- First asked $334,900
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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.