1 / 6
29score
↓ $5,000
$235,000
MLS
Street view11345 Mcdowell Dr
Indianapolis IN 46229 · Single Family · built 1971
4 bd2 ba1,588 sqft$148/sqft vs ZIP $139 +6%
1.28 lender DSCR (est.)
Rent covers the estimated payment 1.28× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,010/mo (ZIP + bedroom comps) ÷ 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.
DSCR 1.28price cut 2%
The underwriting
The numbers (estimates, illustrative)
$235,000List price
$2,010Rent estimate / mo
1.28Lender DSCR (est.)
$2,820Taxes / yr · assumed 1.2%
$139ZIP median $ / sqft
29/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,010 |
| − Mortgage (P&I) | −$1,232 |
| − Taxes | −$235 |
| − Insurance | −$98 |
| = Cash flow before vacancy & repairs | $445 |
The numbers
- Price
- $235,000
- $ / sq ft
- $148 ZIP median $139
- Rent estimate
- $2,010/mo ZIP + bedroom comps
- Property taxes
- $2,820/yr assumed 1.2% of price
- PITIA (assumed)
- $1,565/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.28 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 29/100 DSCR 1.28 · price cut 2%
The property
- Beds / baths
- 4 / 2
- Living area
- 1,588 sq ft
- Lot
- 10,019 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 #
- 22085335
- Listed
- Feb 24, 2026
- Days on market
- 235
- Listing agent
- Corey Dawkins · Keller Williams Indy Metro Ne
3176400778 · coreydawkins@kw.com - Price history
- First asked $240,000 · previously $240,000 cut $5,000
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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.