1 / 6
0score
$244,500
MLS
Street view7333 Summer Lea Ct
Indianapolis IN 46217 · Single Family · built 2000
2 bd2 ba1,358 sqft$180/sqft vs ZIP $161 +12%
0.87 lender DSCR (est.)
Rent covers the estimated payment 0.87× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,414/mo (HUD fair-market rent) ÷ 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.
The underwriting
The numbers (estimates, illustrative)
$244,500List price
$1,414Rent estimate / mo
0.87Lender DSCR (est.)
$2,934Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,414 |
| − Mortgage (P&I) | −$1,282 |
| − Taxes | −$245 |
| − Insurance | −$102 |
| = Cash flow before vacancy & repairs | $-215 |
The numbers
- Price
- $244,500
- $ / sq ft
- $180 ZIP median $161
- Rent estimate
- $1,414/mo HUD fair-market rent
- Property taxes
- $2,934/yr assumed 1.2% of price
- PITIA (assumed)
- $1,629/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.87 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 2 / 2
- Living area
- 1,358 sq ft
- Lot
- 9,583 sq ft
- Year built
- 2000
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22131807
- Listed
- Oct 22, 2026
- Days on market
- 9
- Listing agent
- Joe Faulkner · United Real Estate Indpls
3172168800 · faulkner@mibor.net - Price history
- First asked $244,500
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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.