1 / 6
17score
↓ $14,900
$250,000
MLS
Street view7915 Park Ward Pl
Indianapolis IN 46259 · Single Family · built 2002
2 bd2 ba1,720 sqft$145/sqft vs ZIP $150 −3%
0.66 lender DSCR (est.)
Rent covers the estimated payment 0.66× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,283/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 6%below assessed value
The underwriting
The numbers (estimates, illustrative)
$250,000List price
$1,283Rent estimate / mo
0.66Lender DSCR (est.)
$5,352Taxes / yr · county assessor
$150ZIP median $ / sqft
17/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,283 |
| − Mortgage (P&I) | −$1,311 |
| − Taxes | −$446 |
| − Insurance | −$104 |
| − HOA | −$75 |
| = Cash flow before vacancy & repairs | $-653 |
The numbers
- Price
- $250,000
- $ / sq ft
- $145 ZIP median $150
- Rent estimate
- $1,283/mo HUD fair-market rent
- Property taxes
- $5,352/yr 2% cap on assessed value $267,600
- PITIA (assumed)
- $1,936/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $75/mo
- Lender DSCR (est.)
- 0.66 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 17/100 price cut 6% · below assessed value
The property
- Beds / baths
- 2 / 2
- Living area
- 1,720 sq ft
- Lot
- 6,970 sq ft
- Year built
- 2002
- Property type
- Single Family
- HOA
- $75/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22103316
- Listed
- May 21, 2026
- Days on market
- 149
- Listing agent
- David Brenton · DAVID BRENTON'S TEAM
3178827210 · david@thebrentonteam.com - Price history
- First asked $264,900 · previously $254,900 cut $14,900
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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.