Street view of 6902 Hardwood Dr
1 / 6
9score
New
$269,900
MLS Street view
Search photos

6902 Hardwood Dr

Indianapolis IN 46250 · Single Family · built 2023
3 bd2 ba1,193 sqft$226/sqft vs ZIP $181 +25%
0.96 lender DSCR (est.)
Rent covers the estimated payment 0.96× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,730/mo (HUD fair-market rent) ÷ 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.

new this week
The underwriting

The numbers (estimates, illustrative)

$269,900List price
$1,730Rent estimate / mo
0.96Lender DSCR (est.)
$3,239Taxes / yr · assumed 1.2%
$181ZIP median $ / sqft
9/100Deal Score

Monthly picture (illustrative)

Rent est.$1,730
− Mortgage (P&I)−$1,415
− Taxes−$270
− Insurance−$112
− HOA−$7
= Cash flow before vacancy & repairs$-75

The numbers

Price
$269,900
$ / sq ft
$226 ZIP median $181
Rent estimate
$1,730/mo HUD fair-market rent
Property taxes
$3,239/yr assumed 1.2% of price
PITIA (assumed)
$1,805/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $7/mo
Lender DSCR (est.)
0.96 rent ÷ PITIA · lender floor 1.20
Deal Score
9/100 new this week

The property

Beds / baths
3 / 2
Living area
1,193 sq ft
Lot
11,326 sq ft
Year built
2023
Property type
Single Family
HOA
$7/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22133113
Listed
Oct 23, 2026
Days on market
7
Listing agent
Dennis Nottingham - Indy Home Pros Team · Re/Max Advanced Realty
3173761776 · dennis@indyhomepros.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.

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