Street view of 11035 Harness Way
5score
Freddie Mac
$364,900
Freddie Mac Street view

11035 Harness Way

Indianapolis IN 46239 · Single Family
4 bd2.5 ba
0.78 lender DSCR (est.)
Rent covers the estimated payment 0.78× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $2,093/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.

government REO
The underwriting

The numbers (estimates, illustrative)

$364,900List price
$2,093Rent estimate / mo
0.78Lender DSCR (est.)
$7,240Taxes / yr · county assessor
$149ZIP median $ / sqft
5/100Deal Score

Monthly picture (illustrative)

Rent est.$2,093
− Mortgage (P&I)−$1,914
− Taxes−$603
− Insurance−$152
= Cash flow before vacancy & repairs$-576

The numbers

Price
$364,900
$ / sq ft
—
Rent estimate
$2,093/mo ZIP + bedroom comps
Property taxes
$7,240/yr 2% cap on assessed value $362,000
PITIA (assumed)
$2,669/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.78 rent ÷ PITIA · lender floor 1.20
Deal Score
5/100 government REO

The property

Beds / baths
4 / 2.5
Living area
—
Lot
0.23 acres
Year built
—
Property type
Single Family
HOA
None on record
Flood zone
—
Registered rental
No

The listing

Source
Freddie Mac HomeSteps
MLS #
—
Listed
—
Days on market
—
Listing agent
Freddie Mac (REO)
Price history
No changes recorded
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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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