1 / 6
12score
↓ $5,000
$245,000
MLS
Street view10828 Sedgegrass Dr
Indianapolis IN 46235 · Single Family · built 1995
3 bd2.5 ba1,726 sqft$142/sqft vs ZIP $138 +3%
0.94 lender DSCR (est.)
Rent covers the estimated payment 0.94× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,740/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.
price cut 2%below assessed value
The underwriting
The numbers (estimates, illustrative)
$245,000List price
$1,740Rent estimate / mo
0.94Lender DSCR (est.)
$5,358Taxes / yr · county assessor
$138ZIP median $ / sqft
12/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,740 |
| − Mortgage (P&I) | −$1,285 |
| − Taxes | −$447 |
| − Insurance | −$102 |
| − HOA | −$22 |
| = Cash flow before vacancy & repairs | $-115 |
The numbers
- Price
- $245,000
- $ / sq ft
- $142 ZIP median $138
- Rent estimate
- $1,740/mo ZIP + bedroom comps
- Property taxes
- $5,358/yr 2% cap on assessed value $267,900
- PITIA (assumed)
- $1,855/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $22/mo
- Lender DSCR (est.)
- 0.94 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 12/100 price cut 2% · below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,726 sq ft
- Lot
- 8,276 sq ft
- Year built
- 1995
- Property type
- Single Family
- HOA
- $22/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123979
- Listed
- Sep 4, 2026
- Days on market
- 43
- Listing agent
- Mitch Morson · eXp Realty, LLC
3176705345 · mitch@circlecityhometeam.com - Price history
- First asked $250,000 · previously $250,000 cut $5,000
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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.