1 / 6
15score
New
$274,000
MLS
Street view7950 Ridgegate West Dr
Indianapolis IN 46268 · Single Family · built 1979
3 bd2 ba1,312 sqft$209/sqft vs ZIP $159 +31%
1.05 lender DSCR (est.)
Rent covers the estimated payment 1.05× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,915/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
new this week
The underwriting
The numbers (estimates, illustrative)
$274,000List price
$1,915Rent estimate / mo
1.05Lender DSCR (est.)
$3,288Taxes / yr · assumed 1.2%
$159ZIP median $ / sqft
15/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,915 |
| − Mortgage (P&I) | −$1,437 |
| − Taxes | −$274 |
| − Insurance | −$114 |
| = Cash flow before vacancy & repairs | $90 |
The numbers
- Price
- $274,000
- $ / sq ft
- $209 ZIP median $159
- Rent estimate
- $1,915/mo ZIP + bedroom comps
- Property taxes
- $3,288/yr assumed 1.2% of price
- PITIA (assumed)
- $1,825/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.05 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 15/100 new this week
The property
- Beds / baths
- 3 / 2
- Living area
- 1,312 sq ft
- Lot
- 10,454 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 #
- 22128821
- Listed
- Sep 29, 2026
- Days on market
- 4
- Listing agent
- Jessica Bischoff · JRB Group
3176985248 · jess@jessicabischoff.com - Price history
- First asked $274,000
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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.