1 / 6
14score
↓ $5,000
$205,000
MLS
Street view6864 Cordova Dr
Indianapolis IN 46221 · Single Family · built 1977
4 bd2 ba1,192 sqft$172/sqft vs ZIP $147 +17%
1.04 lender DSCR (est.)
Rent covers the estimated payment 1.04× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,530/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)
$205,000List price
$1,530Rent estimate / mo
1.04Lender DSCR (est.)
$3,714Taxes / yr · county assessor
$147ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,530 |
| − Mortgage (P&I) | −$1,075 |
| − Taxes | −$310 |
| − Insurance | −$85 |
| = Cash flow before vacancy & repairs | $60 |
The numbers
- Price
- $205,000
- $ / sq ft
- $172 ZIP median $147
- Rent estimate
- $1,530/mo ZIP + bedroom comps
- Property taxes
- $3,714/yr 2% cap on assessed value $185,700
- PITIA (assumed)
- $1,470/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
- 14/100 price cut 2%
The property
- Beds / baths
- 4 / 2
- Living area
- 1,192 sq ft
- Lot
- 10,454 sq ft
- Year built
- 1977
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22122311
- Listed
- Aug 28, 2026
- Days on market
- 50
- Listing agent
- Christopher Price · Keller Williams Indy Metro W
3178868477 · sales@indypropertysource.com - Price history
- First asked $210,000 · previously $210,000 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.