1 / 6
16score
$269,900
MLS
Street view6518 Paradise Ct
Indianapolis IN 46236 · Single Family · built 1932
2 bd2 ba730 sqft$370/sqft vs ZIP $163 +127%
1.15 lender DSCR (est.)
Rent covers the estimated payment 1.15× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,870/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)
$269,900List price
$1,870Rent estimate / mo
1.15Lender DSCR (est.)
$1,154Taxes / yr · county assessor
$163ZIP median $ / sqft
16/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,870 |
| − Mortgage (P&I) | −$1,415 |
| − Taxes | −$96 |
| − Insurance | −$112 |
| = Cash flow before vacancy & repairs | $246 |
The numbers
- Price
- $269,900
- $ / sq ft
- $370 ZIP median $163
- Rent estimate
- $1,870/mo HUD fair-market rent
- Property taxes
- $1,154/yr 2% cap on assessed value $57,700
- PITIA (assumed)
- $1,624/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.15 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 16/100
The property
- Beds / baths
- 2 / 2
- Living area
- 730 sq ft
- Lot
- 3,920 sq ft
- Year built
- 1932
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22126956
- Listed
- Sep 21, 2026
- Days on market
- 11
- Listing agent
- Jamie June · Trueblood Real Estate
3178418880 · jamiejune@talktotucker.com - Price history
- First asked $269,900
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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.