Street view of 6832 Hillside Ave
1 / 6
13score
↓ $5,000
$229,900
MLS Street view
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6832 Hillside Ave

Indianapolis IN 46220 · Single Family · built 1950
2 bd1 ba847 sqft$271/sqft vs ZIP $208 +30%
1.04 lender DSCR (est.)
Rent covers the estimated payment 1.04× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,710/mo (ZIP + bedroom comps) ÷ 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%
The underwriting

The numbers (estimates, illustrative)

$229,900List price
$1,710Rent estimate / mo
1.04Lender DSCR (est.)
$4,158Taxes / yr · county assessor
$208ZIP median $ / sqft
13/100Deal Score

Monthly picture (illustrative)

Rent est.$1,710
− Mortgage (P&I)−$1,206
− Taxes−$347
− Insurance−$96
= Cash flow before vacancy & repairs$62

The numbers

Price
$229,900
$ / sq ft
$271 ZIP median $208
Rent estimate
$1,710/mo ZIP + bedroom comps
Property taxes
$4,158/yr 2% cap on assessed value $207,900
PITIA (assumed)
$1,648/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.04 rent ÷ PITIA · lender floor 1.20
Deal Score
13/100 price cut 2%

The property

Beds / baths
2 / 1
Living area
847 sq ft
Lot
10,890 sq ft
Year built
1950
Property type
Single Family
HOA
None on record
Flood zone
500
Registered rental
No

The listing

Source
Standard
MLS #
22115442
Listed
Aug 25, 2026
Days on market
53
Listing agent
Daimon Buck · F.C. Tucker Company - Noblesville
3179951815 · customerservice@talktotucker.com
Price history
First asked $234,900 · previously $234,900 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.

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