1 / 6
2score
↓ $2,000
$262,500
MLS
Street view8526 E 56th St
Indianapolis IN 46216 · Townhouse · built 1931
3 bd1.5 ba1,472 sqft$178/sqft vs ZIP $155 +15%
0.75 lender DSCR (est.)
Rent covers the estimated payment 0.75× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,775/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 1%
The underwriting
The numbers (estimates, illustrative)
$262,500List price
$1,775Rent estimate / mo
0.75Lender DSCR (est.)
$5,246Taxes / yr · county assessor
$155ZIP median $ / sqft
2/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,775 |
| − Mortgage (P&I) | −$1,377 |
| − Taxes | −$437 |
| − Insurance | −$109 |
| − HOA | −$455 |
| = Cash flow before vacancy & repairs | $-603 |
The numbers
- Price
- $262,500
- $ / sq ft
- $178 ZIP median $155
- Rent estimate
- $1,775/mo HUD fair-market rent
- Property taxes
- $5,246/yr 2% cap on assessed value $262,300
- PITIA (assumed)
- $2,378/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $455/mo
- Lender DSCR (est.)
- 0.75 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 2/100 price cut 1%
The property
- Beds / baths
- 3 / 1.5
- Living area
- 1,472 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1931
- Property type
- Townhouse
- HOA
- $455/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22121338
- Listed
- Aug 20, 2026
- Days on market
- 58
- Listing agent
- Luke Reiter · eXp Realty, LLC
3177523382 · luke.reiter@exprealty.com - Price history
- First asked $264,500 · previously $264,500 cut $2,000
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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.