Street view of 11505 Presidio Dr
1 / 6
20score
↓ $12,000
$235,000
MLS Street view
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11505 Presidio Dr

Indianapolis IN 46235 · Single Family · built 2006
3 bd2.5 ba1,792 sqft$131/sqft vs ZIP $138 −5%
1.00 lender DSCR (est.)
Rent covers the estimated payment 1.00× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,740/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.

price cut 5%
The underwriting

The numbers (estimates, illustrative)

$235,000List price
$1,740Rent estimate / mo
1.00Lender DSCR (est.)
$4,684Taxes / yr · county assessor
$138ZIP median $ / sqft
20/100Deal Score

Monthly picture (illustrative)

Rent est.$1,740
− Mortgage (P&I)−$1,232
− Taxes−$390
− Insurance−$98
− HOA−$20
= Cash flow before vacancy & repairs$-1

The numbers

Price
$235,000
$ / sq ft
$131 ZIP median $138
Rent estimate
$1,740/mo ZIP + bedroom comps
Property taxes
$4,684/yr 2% cap on assessed value $234,200
PITIA (assumed)
$1,741/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $20/mo
Lender DSCR (est.)
1.00 rent ÷ PITIA · lender floor 1.20
Deal Score
20/100 price cut 5%

The property

Beds / baths
3 / 2.5
Living area
1,792 sq ft
Lot
4,792 sq ft
Year built
2006
Property type
Single Family
HOA
$20/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22124678
Listed
Sep 8, 2026
Days on market
39
Listing agent
Katrina Archie · F.C. Tucker Company - East
3173407083 · kaaarchie@divineinvpartners.com
Price history
First asked $247,000 · previously $235,500 cut $12,000
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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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