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Street view of 10480 Watkins Dr
1 / 6
29score
New
$354,900
MLS Street view
Search photos

10480 Watkins Dr

Indianapolis IN 46234 · Single Family · built 1998
3 bd2.5 ba3,128 sqft$113/sqft vs ZIP $160 −29%
0.85 lender DSCR (est.)
Rent covers the estimated payment 0.85× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,029/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.

29% under ZIP $/sqftnew this week
The underwriting

The numbers (estimates, illustrative)

$354,900List price
$2,029Rent estimate / mo
0.85Lender DSCR (est.)
$4,259Taxes / yr · assumed 1.2%
$160ZIP median $ / sqft
29/100Deal Score

Monthly picture (illustrative)

Rent est.$2,029
− Mortgage (P&I)−$1,861
− Taxes−$355
− Insurance−$148
− HOA−$21
= Cash flow before vacancy & repairs$-356

The numbers

Price
$354,900
$ / sq ft
$113 ZIP median $160
Rent estimate
$2,029/mo ZIP + bedroom comps
Property taxes
$4,259/yr assumed 1.2% of price
PITIA (assumed)
$2,385/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $21/mo
Lender DSCR (est.)
0.85 rent ÷ PITIA · lender floor 1.20
Deal Score
29/100 29% under ZIP $/sqft · new this week

The property

Beds / baths
3 / 2.5
Living area
3,128 sq ft
Lot
13,939 sq ft
Year built
1998
Property type
Single Family
HOA
$21/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22129633
Listed
Oct 4, 2026
Days on market
4
Listing agent
Reba Evans · Carpenter Realtors, Brownsburg
3173318840 · revans@mibor.net
Price history
First asked $354,900
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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.

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