Street view of 7109 Chandler Dr
1 / 6
30score
↓ $9,000
$212,000
MLS Street view
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7109 Chandler Dr

Indianapolis IN 46217 · Single Family · built 1959
3 bd1.5 ba960 sqft$221/sqft vs ZIP $164 +35%
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. $1,820/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 1.23price cut 4%
The underwriting

The numbers (estimates, illustrative)

$212,000List price
$1,820Rent estimate / mo
1.23Lender DSCR (est.)
$3,374Taxes / yr · county assessor
$164ZIP median $ / sqft
30/100Deal Score

Monthly picture (illustrative)

Rent est.$1,820
− Mortgage (P&I)−$1,112
− Taxes−$281
− Insurance−$88
= Cash flow before vacancy & repairs$339

The numbers

Price
$212,000
$ / sq ft
$221 ZIP median $164
Rent estimate
$1,820/mo ZIP + bedroom comps
Property taxes
$3,374/yr 2% cap on assessed value $168,700
PITIA (assumed)
$1,481/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
30/100 DSCR 1.23 · price cut 4%

The property

Beds / baths
3 / 1.5
Living area
960 sq ft
Lot
15,246 sq ft
Year built
1959
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22129214
Listed
Oct 1, 2026
Days on market
16
Listing agent
Ngun Til · Landtree, REALTORS®
3178883331 · nguntilrealestate@gmail.com
Price history
First asked $221,000 · previously $221,000 cut $9,000
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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.

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