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15score
$589,900
MLS
Street view6506 Hazelwood Ave
Indianapolis IN 46260 · Single Family · built 2004
6 bd4 ba3,965 sqft$149/sqft vs ZIP $168 −11%
0.42 lender DSCR (est.)
Rent covers the estimated payment 0.42× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,943/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.
11% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$589,900List price
$1,943Rent estimate / mo
0.42Lender DSCR (est.)
$15,492Taxes / yr · county assessor
$168ZIP median $ / sqft
15/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,943 |
| − Mortgage (P&I) | −$3,093 |
| − Taxes | −$1,291 |
| − Insurance | −$246 |
| = Cash flow before vacancy & repairs | $-2,687 |
The numbers
- Price
- $589,900
- $ / sq ft
- $149 ZIP median $168
- Rent estimate
- $1,943/mo HUD fair-market rent
- Property taxes
- $15,492/yr 2% cap on assessed value $774,600
- PITIA (assumed)
- $4,630/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.42 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 15/100 11% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 6 / 4
- Living area
- 3,965 sq ft
- Lot
- 14,810 sq ft
- Year built
- 2004
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22132547
- Listed
- Oct 21, 2026
- Days on market
- 11
- Listing agent
- Javier Espinoza Ruvalcab · Realty of America LLC
3176273468 · russell.coston@realtyofamerica.com - Price history
- First asked $589,900
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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.