Street view of 740 E Epler Ave
1 / 6
7score
↓ $10,000
$279,900
MLS Street view
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740 E Epler Ave

Indianapolis IN 46227 · Single Family · built 2022
2 bd1.5 ba1,200 sqft$233/sqft vs ZIP $156 +50%
0.62 lender DSCR (est.)
Rent covers the estimated payment 0.62× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,170/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.

price cut 4%
The underwriting

The numbers (estimates, illustrative)

$279,900List price
$1,170Rent estimate / mo
0.62Lender DSCR (est.)
$3,704Taxes / yr · county assessor
$156ZIP median $ / sqft
7/100Deal Score

Monthly picture (illustrative)

Rent est.$1,170
− Mortgage (P&I)−$1,468
− Taxes−$309
− Insurance−$117
= Cash flow before vacancy & repairs$-723

The numbers

Price
$279,900
$ / sq ft
$233 ZIP median $156
Rent estimate
$1,170/mo ZIP + bedroom comps
Property taxes
$3,704/yr 2% cap on assessed value $185,200
PITIA (assumed)
$1,893/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.62 rent ÷ PITIA · lender floor 1.20
Deal Score
7/100 price cut 4%

The property

Beds / baths
2 / 1.5
Living area
1,200 sq ft
Lot
11,326 sq ft
Year built
2022
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22104093
Listed
May 27, 2026
Days on market
143
Listing agent
Charlie Brown · Benchmark Realty Group Indy Ll
3175071906 · info@brgindy.com
Price history
First asked $289,900 · previously $289,900 cut $10,000
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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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