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25score
New
$319,900
MLS
Street view7406 Sylvan Ridge Rd
Indianapolis IN 46240 · Single Family · built 1980
2 bd2.5 ba2,036 sqft$157/sqft vs ZIP $205 −23%
0.53 lender DSCR (est.)
Rent covers the estimated payment 0.53× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,480/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.
23% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$319,900List price
$1,480Rent estimate / mo
0.53Lender DSCR (est.)
$5,672Taxes / yr · county assessor
$205ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,480 |
| − Mortgage (P&I) | −$1,678 |
| − Taxes | −$473 |
| − Insurance | −$133 |
| − HOA | −$515 |
| = Cash flow before vacancy & repairs | $-1,319 |
The numbers
- Price
- $319,900
- $ / sq ft
- $157 ZIP median $205
- Rent estimate
- $1,480/mo HUD fair-market rent
- Property taxes
- $5,672/yr 2% cap on assessed value $283,600
- PITIA (assumed)
- $2,799/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $515/mo
- Lender DSCR (est.)
- 0.53 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 25/100 23% under ZIP $/sqft · new this week
The property
- Beds / baths
- 2 / 2.5
- Living area
- 2,036 sq ft
- Lot
- 1,742 sq ft
- Year built
- 1980
- Property type
- Single Family
- HOA
- $515/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22126433
- Listed
- Oct 1, 2026
- Days on market
- 3
- Listing agent
- Ryan Cheetham · F.C. Tucker Company - Crosspoint
3176758915 · ryan.cheetham@talktotucker.com - Price history
- First asked $319,900
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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.