1 / 6
10score
↓ $24,100
$474,900
MLS
Street view11058 Mallard Way
Indianapolis IN 46278 · Single Family · built 1991
3 bd3.5 ba3,193 sqft$149/sqft vs ZIP $149 −0%
0.73 lender DSCR (est.)
Rent covers the estimated payment 0.73× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,354/mo (HUD fair-market rent) ÷ 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.
price cut 5%
The underwriting
The numbers (estimates, illustrative)
$474,900List price
$2,354Rent estimate / mo
0.73Lender DSCR (est.)
$5,699Taxes / yr · assumed 1.2%
$149ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,354 |
| − Mortgage (P&I) | −$2,490 |
| − Taxes | −$475 |
| − Insurance | −$198 |
| − HOA | −$42 |
| = Cash flow before vacancy & repairs | $-851 |
The numbers
- Price
- $474,900
- $ / sq ft
- $149 ZIP median $149
- Rent estimate
- $2,354/mo HUD fair-market rent
- Property taxes
- $5,699/yr assumed 1.2% of price
- PITIA (assumed)
- $3,205/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $42/mo
- Lender DSCR (est.)
- 0.73 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 5%
The property
- Beds / baths
- 3 / 3.5
- Living area
- 3,193 sq ft
- Lot
- 37,026 sq ft
- Year built
- 1991
- Property type
- Single Family
- HOA
- $42/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22105855
- Listed
- Jun 4, 2026
- Days on market
- 150
- Listing agent
- Ted Bitting · Carpenter Realtors, Brownsburg
3178524091 · tedbitting@callcarpenter.com - Price history
- First asked $499,000 · previously $499,000 cut $24,100
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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.