1 / 6
0score
$399,900
MLS
Street view11826 S Marlin Rd
Indianapolis IN 46239 · Single Family · built 1960
3 bd2 ba1,632 sqft$245/sqft vs ZIP $152 +61%
0.74 lender DSCR (est.)
Rent covers the estimated payment 0.74× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,960/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)
$399,900List price
$1,960Rent estimate / mo
0.74Lender DSCR (est.)
$4,482Taxes / yr · county assessor
$152ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,960 |
| − Mortgage (P&I) | −$2,097 |
| − Taxes | −$374 |
| − Insurance | −$167 |
| = Cash flow before vacancy & repairs | $-677 |
The numbers
- Price
- $399,900
- $ / sq ft
- $245 ZIP median $152
- Rent estimate
- $1,960/mo ZIP + bedroom comps
- Property taxes
- $4,482/yr 2% cap on assessed value $224,100
- PITIA (assumed)
- $2,637/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.74 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,632 sq ft
- Lot
- 31,363 sq ft
- Year built
- 1960
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22125599
- Listed
- Sep 11, 2026
- Days on market
- 22
- Listing agent
- Sean Daniels · Daniels Real Estate
3173710060 · sean@danielsrealestate.com - Price history
- First asked $399,900
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.