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4score
$229,900
MLS
Street view7323 E Troy Ave
Indianapolis IN 46239 · Single Family · built 1952
2 bd1 ba1,048 sqft$219/sqft vs ZIP $148 +48%
0.96 lender DSCR (est.)
Rent covers the estimated payment 0.96× · 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.
The underwriting
The numbers (estimates, illustrative)
$229,900List price
$1,445Rent estimate / mo
0.96Lender DSCR (est.)
$2,486Taxes / yr · county assessor
$148ZIP median $ / sqft
4/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,445 |
| − Mortgage (P&I) | −$1,206 |
| − Taxes | −$207 |
| − Insurance | −$96 |
| = Cash flow before vacancy & repairs | $-64 |
The numbers
- Price
- $229,900
- $ / sq ft
- $219 ZIP median $148
- Rent estimate
- $1,445/mo HUD fair-market rent
- Property taxes
- $2,486/yr 2% cap on assessed value $124,300
- PITIA (assumed)
- $1,509/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.96 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 4/100
The property
- Beds / baths
- 2 / 1
- Living area
- 1,048 sq ft
- Lot
- 14,810 sq ft
- Year built
- 1952
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22113522
- Listed
- Jul 11, 2026
- Days on market
- 98
- Listing agent
- Todd Campbell · United Real Estate Indpls
3179893272 · realtortodd@live.com - Price history
- First asked $229,900
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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.