Last confirmed active 19 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
10score
↓ $5,000
$310,000
MLS
Street view6511 Caressa Way
Indianapolis IN 46259 · Single Family · built 2002
4 bd2.5 ba2,163 sqft$143/sqft vs ZIP $150 −4%
0.88 lender DSCR (est.)
Rent covers the estimated payment 0.88× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,026/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.
price cut 2%registered rental
The underwriting
The numbers (estimates, illustrative)
$310,000List price
$2,026Rent estimate / mo
0.88Lender DSCR (est.)
$6,058Taxes / yr · county assessor
$150ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,026 |
| − Mortgage (P&I) | −$1,626 |
| − Taxes | −$505 |
| − Insurance | −$129 |
| − HOA | −$30 |
| = Cash flow before vacancy & repairs | $-264 |
The numbers
- Price
- $310,000
- $ / sq ft
- $143 ZIP median $150
- Rent estimate
- $2,026/mo HUD fair-market rent
- Property taxes
- $6,058/yr 2% cap on assessed value $302,900
- PITIA (assumed)
- $2,290/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $30/mo
- Lender DSCR (est.)
- 0.88 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 2% · registered rental
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,163 sq ft
- Lot
- 7,405 sq ft
- Year built
- 2002
- Property type
- Single Family
- HOA
- $30/mo
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22122462
- Listed
- Aug 27, 2026
- Days on market
- 37
- Listing agent
- Steve Clark · Compass of Indiana, LLC
3173454582 · steve@steveclarkteam.com - Price history
- First asked $315,000 · previously $315,000 cut $5,000
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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.