Last confirmed active 18 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
9score
↓ $14,100
$324,900
MLS
Street view6935 Steinmeier Dr W
Indianapolis IN 46220 · Single Family · built 1988
2 bd2 ba1,325 sqft$245/sqft vs ZIP $208 +18%
0.68 lender DSCR (est.)
Rent covers the estimated payment 0.68× · walk-away floor 1.20 · medium 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 assumed at 1.2% of price. Assumptions as of 2026-09-12.
price cut 4%
The underwriting
The numbers (estimates, illustrative)
$324,900List price
$1,710Rent estimate / mo
0.68Lender DSCR (est.)
$3,899Taxes / yr · assumed 1.2%
$208ZIP median $ / sqft
9/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,710 |
| − Mortgage (P&I) | −$1,704 |
| − Taxes | −$325 |
| − Insurance | −$135 |
| − HOA | −$363 |
| = Cash flow before vacancy & repairs | $-817 |
The numbers
- Price
- $324,900
- $ / sq ft
- $245 ZIP median $208
- Rent estimate
- $1,710/mo ZIP + bedroom comps
- Property taxes
- $3,899/yr assumed 1.2% of price
- PITIA (assumed)
- $2,527/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $363/mo
- Lender DSCR (est.)
- 0.68 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 9/100 price cut 4%
The property
- Beds / baths
- 2 / 2
- Living area
- 1,325 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1988
- Property type
- Single Family
- HOA
- $363/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22120505
- Listed
- Aug 16, 2026
- Days on market
- 48
- Listing agent
- Danielle Maynard · eXp Realty, LLC
3179469676 · in.broker@exprealty.net - Price history
- First asked $339,000 · previously $339,000 cut $14,100
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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.