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
3score
↓ $5,500
$359,900
MLS
Street view6551 Calla Lily Dr
Indianapolis IN 46237 · Single Family · built 1994
4 bd2.5 ba2,134 sqft$169/sqft vs ZIP $151 +12%
0.85 lender DSCR (est.)
Rent covers the estimated payment 0.85× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,043/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
price cut 2%
The underwriting
The numbers (estimates, illustrative)
$359,900List price
$2,043Rent estimate / mo
0.85Lender DSCR (est.)
$4,319Taxes / yr · assumed 1.2%
$151ZIP median $ / sqft
3/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,043 |
| − Mortgage (P&I) | −$1,887 |
| − Taxes | −$360 |
| − Insurance | −$150 |
| − HOA | −$17 |
| = Cash flow before vacancy & repairs | $-371 |
The numbers
- Price
- $359,900
- $ / sq ft
- $169 ZIP median $151
- Rent estimate
- $2,043/mo ZIP + bedroom comps
- Property taxes
- $4,319/yr assumed 1.2% of price
- PITIA (assumed)
- $2,414/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $17/mo
- Lender DSCR (est.)
- 0.85 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 3/100 price cut 2%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,134 sq ft
- Lot
- 20,473 sq ft
- Year built
- 1994
- Property type
- Single Family
- HOA
- $17/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22093135
- Listed
- Apr 4, 2026
- Days on market
- 182
- Listing agent
- Matthew Mielke · Envoy Real Estate, LLC
3175383957 · matthew@themielkegroup.com - Price history
- First asked $365,400 · previously $365,400 cut $5,500
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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.