1 / 6
23score
↓ $20,000
$220,000
MLS
Street view7414 Trestle Way Cir
Indianapolis IN 46256 · Single Family · built 1983
3 bd2 ba1,365 sqft$161/sqft vs ZIP $171 −6%
0.94 lender DSCR (est.)
Rent covers the estimated payment 0.94× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,566/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 9%below assessed value
The underwriting
The numbers (estimates, illustrative)
$220,000List price
$1,566Rent estimate / mo
0.94Lender DSCR (est.)
$4,956Taxes / yr · county assessor
$171ZIP median $ / sqft
23/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,566 |
| − Mortgage (P&I) | −$1,154 |
| − Taxes | −$413 |
| − Insurance | −$92 |
| = Cash flow before vacancy & repairs | $-92 |
The numbers
- Price
- $220,000
- $ / sq ft
- $161 ZIP median $171
- Rent estimate
- $1,566/mo HUD fair-market rent
- Property taxes
- $4,956/yr 2% cap on assessed value $247,800
- PITIA (assumed)
- $1,658/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.94 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 23/100 price cut 9% · below assessed value
The property
- Beds / baths
- 3 / 2
- Living area
- 1,365 sq ft
- Lot
- 13,504 sq ft
- Year built
- 1983
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22089181
- Listed
- Mar 14, 2026
- Days on market
- 215
- Listing agent
- Daniel Witte · Witte Realty Group LLC
3177523330 · dwitte@witterealtygroup.com - Price history
- First asked $240,000 · previously $240,000 cut $20,000
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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.