Street view of 10223 Park Valley Dr
1 / 6
28score
New
$199,900
MLS Street view
Search photos

10223 Park Valley Dr

Indianapolis IN 46229 · Single Family · built 1993
3 bd2 ba1,220 sqft$164/sqft vs ZIP $138 +19%
1.18 lender DSCR (est.)
Rent covers the estimated payment 1.18× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,750/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.

new this weekbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$199,900List price
$1,750Rent estimate / mo
1.18Lender DSCR (est.)
$4,216Taxes / yr · county assessor
$138ZIP median $ / sqft
28/100Deal Score

Monthly picture (illustrative)

Rent est.$1,750
− Mortgage (P&I)−$1,048
− Taxes−$351
− Insurance−$83
= Cash flow before vacancy & repairs$267

The numbers

Price
$199,900
$ / sq ft
$164 ZIP median $138
Rent estimate
$1,750/mo ZIP + bedroom comps
Property taxes
$4,216/yr 2% cap on assessed value $210,800
PITIA (assumed)
$1,483/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.18 rent ÷ PITIA · lender floor 1.20
Deal Score
28/100 new this week · below assessed value

The property

Beds / baths
3 / 2
Living area
1,220 sq ft
Lot
7,841 sq ft
Year built
1993
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22130406
Listed
Oct 8, 2026
Days on market
2
Listing agent
Krystal Menser · Real Broker, LLC
3179850945 · krystal.menser@remax.net
Price history
First asked $199,900
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad