1 / 6
0score
$302,000
MLS
Street view11224 Fall Dr
Indianapolis IN 46229 · Single Family · built 2004
3 bd2.5 ba1,995 sqft$151/sqft vs ZIP $138 +10%
0.81 lender DSCR (est.)
Rent covers the estimated payment 0.81× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,750/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.
The underwriting
The numbers (estimates, illustrative)
$302,000List price
$1,750Rent estimate / mo
0.81Lender DSCR (est.)
$5,368Taxes / yr · county assessor
$138ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,750 |
| − Mortgage (P&I) | −$1,584 |
| − Taxes | −$447 |
| − Insurance | −$126 |
| − HOA | −$15 |
| = Cash flow before vacancy & repairs | $-422 |
The numbers
- Price
- $302,000
- $ / sq ft
- $151 ZIP median $138
- Rent estimate
- $1,750/mo ZIP + bedroom comps
- Property taxes
- $5,368/yr 2% cap on assessed value $268,400
- PITIA (assumed)
- $2,172/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $15/mo
- Lender DSCR (est.)
- 0.81 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,995 sq ft
- Lot
- 7,405 sq ft
- Year built
- 2004
- Property type
- Single Family
- HOA
- $15/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22126001
- Listed
- Sep 18, 2026
- Days on market
- 15
- Listing agent
- Delia Webster · F.C. Tucker Company - East
8184027637 · deliawebster.re@gmail.com - Price history
- First asked $302,000
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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.