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17score
$260,000
MLS
Street view7533 Ardwell Dr
Indianapolis IN 46237 · Single Family · built 1979
4 bd2 ba1,417 sqft$183/sqft vs ZIP $153 +20%
1.08 lender DSCR (est.)
Rent covers the estimated payment 1.08× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,133/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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$260,000List price
$2,133Rent estimate / mo
1.08Lender DSCR (est.)
$5,978Taxes / yr · county assessor
$153ZIP median $ / sqft
17/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,133 |
| − Mortgage (P&I) | −$1,363 |
| − Taxes | −$498 |
| − Insurance | −$108 |
| = Cash flow before vacancy & repairs | $163 |
The numbers
- Price
- $260,000
- $ / sq ft
- $183 ZIP median $153
- Rent estimate
- $2,133/mo ZIP + bedroom comps
- Property taxes
- $5,978/yr 2% cap on assessed value $298,900
- PITIA (assumed)
- $1,970/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.08 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 17/100 below assessed value
The property
- Beds / baths
- 4 / 2
- Living area
- 1,417 sq ft
- Lot
- 10,019 sq ft
- Year built
- 1979
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22114605
- Listed
- Jul 16, 2026
- Days on market
- 78
- Listing agent
- Shelby K Farrar · Opendoor Brokerage, LLC.
4804625392 · homes@opendoor.com - Price history
- First asked $260,000
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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.