Street view of 11408 Carly Way
1 / 6
14score
$220,000
MLS Street view
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11408 Carly Way

Indianapolis IN 46235 · Single Family · built 1999
3 bd2 ba1,296 sqft$170/sqft vs ZIP $141 +20%
1.11 lender DSCR (est.)
Rent covers the estimated payment 1.11× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,735/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)

$220,000List price
$1,735Rent estimate / mo
1.11Lender DSCR (est.)
$3,812Taxes / yr · county assessor
$141ZIP median $ / sqft
14/100Deal Score

Monthly picture (illustrative)

Rent est.$1,735
− Mortgage (P&I)−$1,154
− Taxes−$318
− Insurance−$92
= Cash flow before vacancy & repairs$172

The numbers

Price
$220,000
$ / sq ft
$170 ZIP median $141
Rent estimate
$1,735/mo ZIP + bedroom comps
Property taxes
$3,812/yr 2% cap on assessed value $190,600
PITIA (assumed)
$1,563/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.11 rent ÷ PITIA · lender floor 1.20
Deal Score
14/100

The property

Beds / baths
3 / 2
Living area
1,296 sq ft
Lot
10,019 sq ft
Year built
1999
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22127325
Listed
Sep 21, 2026
Days on market
11
Listing agent
Beau Matlock · Matlock Realty Group
3179106493 · beau@matlockgroup.net
Price history
First asked $220,000
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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.

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