1 / 6
9score
↓ $5,000
$239,900
MLS
Street view6926 Studebaker Ln
Indianapolis IN 46214 · Single Family · built 1987
2 bd2 ba1,464 sqft$164/sqft vs ZIP $138 +19%
0.65 lender DSCR (est.)
Rent covers the estimated payment 0.65× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,162/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.
price cut 2%below assessed value
The underwriting
The numbers (estimates, illustrative)
$239,900List price
$1,162Rent estimate / mo
0.65Lender DSCR (est.)
$5,116Taxes / yr · county assessor
$138ZIP median $ / sqft
9/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,162 |
| − Mortgage (P&I) | −$1,258 |
| − Taxes | −$426 |
| − Insurance | −$100 |
| = Cash flow before vacancy & repairs | $-622 |
The numbers
- Price
- $239,900
- $ / sq ft
- $164 ZIP median $138
- Rent estimate
- $1,162/mo HUD fair-market rent
- Property taxes
- $5,116/yr 2% cap on assessed value $255,800
- PITIA (assumed)
- $1,784/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.65 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 9/100 price cut 2% · below assessed value
The property
- Beds / baths
- 2 / 2
- Living area
- 1,464 sq ft
- Lot
- 9,583 sq ft
- Year built
- 1987
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22118163
- Listed
- Aug 5, 2026
- Days on market
- 73
- Listing agent
- Robert E Salmons · Entera Realty
7132489869 · rsalmons@greenletco.com - Price history
- First asked $244,900 · previously $244,900 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.