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5score
$269,900
MLS
Street view7440 Griffith Rd
Indianapolis IN 46227 · Single Family · built 1955
3 bd2 ba1,784 sqft$151/sqft vs ZIP $156 −3%
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. $1,850/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.
The underwriting
The numbers (estimates, illustrative)
$269,900List price
$1,850Rent estimate / mo
0.94Lender DSCR (est.)
$5,242Taxes / yr · county assessor
$156ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,850 |
| − Mortgage (P&I) | −$1,415 |
| − Taxes | −$437 |
| − Insurance | −$112 |
| = Cash flow before vacancy & repairs | $-115 |
The numbers
- Price
- $269,900
- $ / sq ft
- $151 ZIP median $156
- Rent estimate
- $1,850/mo ZIP + bedroom comps
- Property taxes
- $5,242/yr 2% cap on assessed value $262,100
- PITIA (assumed)
- $1,965/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
- 5/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,784 sq ft
- Lot
- 32,234 sq ft
- Year built
- 1955
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22116173
- Listed
- Jul 24, 2026
- Days on market
- 85
- Listing agent
- Wendy Zin · Shalom Realty LLC
3176541539 · wendyzinrealtor@gmail.com - Price history
- First asked $269,900
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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.