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21score
$239,900
MLS
Street view708 S Mitchner Dr
Indianapolis IN 46239 · Single Family · built 1961
4 bd1.5 ba1,544 sqft$155/sqft vs ZIP $152 +2%
1.23 lender DSCR (est.)
Rent covers the estimated payment 1.23× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,100/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.
DSCR 1.23
The underwriting
The numbers (estimates, illustrative)
$239,900List price
$2,100Rent estimate / mo
1.23Lender DSCR (est.)
$4,168Taxes / yr · county assessor
$152ZIP median $ / sqft
21/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,100 |
| − Mortgage (P&I) | −$1,258 |
| − Taxes | −$347 |
| − Insurance | −$100 |
| = Cash flow before vacancy & repairs | $395 |
The numbers
- Price
- $239,900
- $ / sq ft
- $155 ZIP median $152
- Rent estimate
- $2,100/mo ZIP + bedroom comps
- Property taxes
- $4,168/yr 2% cap on assessed value $208,400
- PITIA (assumed)
- $1,705/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.23 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 21/100 DSCR 1.23
The property
- Beds / baths
- 4 / 1.5
- Living area
- 1,544 sq ft
- Lot
- 10,890 sq ft
- Year built
- 1961
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22125663
- Listed
- Sep 14, 2026
- Days on market
- 18
- Listing agent
- Robert E Salmons · Entera Realty
7132489869 · rsalmons@greenletco.com - Price history
- First asked $239,900
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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.