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6score
$189,900
MLS
Street view6461 Michigan Rd
Indianapolis IN 46268 · Single Family · built 1948
2 bd1 ba1,050 sqft$181/sqft vs ZIP $160 +13%
1.00 lender DSCR (est.)
Rent covers the estimated payment 1.00× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,267/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)
$189,900List price
$1,267Rent estimate / mo
1.00Lender DSCR (est.)
$2,302Taxes / yr · county assessor
$160ZIP median $ / sqft
6/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,267 |
| − Mortgage (P&I) | −$996 |
| − Taxes | −$192 |
| − Insurance | −$79 |
| = Cash flow before vacancy & repairs | $0 |
The numbers
- Price
- $189,900
- $ / sq ft
- $181 ZIP median $160
- Rent estimate
- $1,267/mo HUD fair-market rent
- Property taxes
- $2,302/yr 2% cap on assessed value $115,100
- PITIA (assumed)
- $1,267/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.00 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 6/100
The property
- Beds / baths
- 2 / 1
- Living area
- 1,050 sq ft
- Lot
- 13,504 sq ft
- Year built
- 1948
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22108125
- Listed
- Jun 19, 2026
- Days on market
- 120
- Listing agent
- Billie Dill-coleman · F.C. Tucker Company
3178444200 · bcoleman5900@sbcglobal.net - Price history
- First asked $189,900
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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.