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21score
$229,900
MLS
Street view11303 Mcdowell Dr
Indianapolis IN 46229 · Single Family · built 1971
5 bd2 ba1,792 sqft$128/sqft vs ZIP $139 −8%
1.12 lender DSCR (est.)
Rent covers the estimated payment 1.12× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,719/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.
8% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$229,900List price
$1,719Rent estimate / mo
1.12Lender DSCR (est.)
$2,759Taxes / yr · assumed 1.2%
$139ZIP median $ / sqft
21/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,719 |
| − Mortgage (P&I) | −$1,206 |
| − Taxes | −$230 |
| − Insurance | −$96 |
| = Cash flow before vacancy & repairs | $188 |
The numbers
- Price
- $229,900
- $ / sq ft
- $128 ZIP median $139
- Rent estimate
- $1,719/mo HUD fair-market rent
- Property taxes
- $2,759/yr assumed 1.2% of price
- PITIA (assumed)
- $1,531/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.12 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 21/100 8% under ZIP $/sqft
The property
- Beds / baths
- 5 / 2
- Living area
- 1,792 sq ft
- Lot
- 12,197 sq ft
- Year built
- 1971
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22092370
- Listed
- Apr 2, 2026
- Days on market
- 198
- Listing agent
- Robert E Salmons · Entera Realty
7132489869 · rsalmons@greenletco.com - Price history
- First asked $229,900
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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.