Street view of 7246 Registry Dr
1 / 6
10score
↓ $12,500
$212,500
MLS Street view
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7246 Registry Dr

Indianapolis IN 46217 · Single Family · built 1999
2 bd2 ba1,177 sqft$181/sqft vs ZIP $164 +10%
0.88 lender DSCR (est.)
Rent covers the estimated payment 0.88× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,445/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 6%
The underwriting

The numbers (estimates, illustrative)

$212,500List price
$1,445Rent estimate / mo
0.88Lender DSCR (est.)
$3,796Taxes / yr · county assessor
$164ZIP median $ / sqft
10/100Deal Score

Monthly picture (illustrative)

Rent est.$1,445
− Mortgage (P&I)−$1,114
− Taxes−$316
− Insurance−$89
− HOA−$128
= Cash flow before vacancy & repairs$-202

The numbers

Price
$212,500
$ / sq ft
$181 ZIP median $164
Rent estimate
$1,445/mo HUD fair-market rent
Property taxes
$3,796/yr 2% cap on assessed value $189,800
PITIA (assumed)
$1,647/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $128/mo
Lender DSCR (est.)
0.88 rent ÷ PITIA · lender floor 1.20
Deal Score
10/100 price cut 6%

The property

Beds / baths
2 / 2
Living area
1,177 sq ft
Lot
4,356 sq ft
Year built
1999
Property type
Single Family
HOA
$128/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22116622
Listed
Jul 28, 2026
Days on market
81
Listing agent
Ron Rose · Indiana Realty Pros, Inc.
3178885000 · 8885000@gmail.com
Price history
First asked $225,000 · previously $225,000 cut $12,500
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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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