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22score
$245,000
MLS
Street view10832 Penwell Way
Indianapolis IN 46235 · Single Family · built 2022
4 bd2.5 ba1,912 sqft$128/sqft vs ZIP $138 −7%
1.07 lender DSCR (est.)
Rent covers the estimated payment 1.07× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,995/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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$245,000List price
$1,995Rent estimate / mo
1.07Lender DSCR (est.)
$5,366Taxes / yr · county assessor
$138ZIP median $ / sqft
22/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,995 |
| − Mortgage (P&I) | −$1,285 |
| − Taxes | −$447 |
| − Insurance | −$102 |
| − HOA | −$25 |
| = Cash flow before vacancy & repairs | $136 |
The numbers
- Price
- $245,000
- $ / sq ft
- $128 ZIP median $138
- Rent estimate
- $1,995/mo ZIP + bedroom comps
- Property taxes
- $5,366/yr 2% cap on assessed value $268,300
- PITIA (assumed)
- $1,859/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $25/mo
- Lender DSCR (est.)
- 1.07 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 22/100 below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 1,912 sq ft
- Lot
- 4,792 sq ft
- Year built
- 2022
- Property type
- Single Family
- HOA
- $25/mo
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22133207
- Listed
- Oct 23, 2026
- Days on market
- 9
- Listing agent
- Jodi Gandy · Honor Realty Llc
3173408839 · jodi@honorrealtygroup.com - Price history
- First asked $245,000
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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.