1 / 6
26score
↓ $2,900
$247,000
MLS
Street view9545 Longwell Dr
Indianapolis IN 46240 · Townhouse · built 1996
2 bd2.5 ba1,532 sqft$161/sqft vs ZIP $207 −22%
0.72 lender DSCR (est.)
Rent covers the estimated payment 0.72× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,469/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.
22% under ZIP $/sqftprice cut 1%below assessed value
The underwriting
The numbers (estimates, illustrative)
$247,000List price
$1,469Rent estimate / mo
0.72Lender DSCR (est.)
$5,166Taxes / yr · county assessor
$207ZIP median $ / sqft
26/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,469 |
| − Mortgage (P&I) | −$1,295 |
| − Taxes | −$431 |
| − Insurance | −$103 |
| − HOA | −$200 |
| = Cash flow before vacancy & repairs | $-560 |
The numbers
- Price
- $247,000
- $ / sq ft
- $161 ZIP median $207
- Rent estimate
- $1,469/mo HUD fair-market rent
- Property taxes
- $5,166/yr 2% cap on assessed value $258,300
- PITIA (assumed)
- $2,029/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $200/mo
- Lender DSCR (est.)
- 0.72 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 26/100 22% under ZIP $/sqft · price cut 1% · below assessed value
The property
- Beds / baths
- 2 / 2.5
- Living area
- 1,532 sq ft
- Lot
- 4,792 sq ft
- Year built
- 1996
- Property type
- Townhouse
- HOA
- $200/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22122318
- Listed
- Aug 27, 2026
- Days on market
- 51
- Listing agent
- Mary Wernke · Encore Sotheby's International Realty
3178437766 · mwernke@talktotucker.com - Price history
- First asked $249,900 · previously $249,900 cut $2,900
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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.