Last confirmed active 19 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
Street view of 11828 Cotterill Way
1 / 6
20score
New↓ $20,000New Construction
$314,995
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11828 Cotterill Way

Indianapolis IN 46235 · Single Family · built 2026
5 bd3 ba2,422 sqft$130/sqft vs ZIP $138 −6%
0.77 lender DSCR (est.)
Rent covers the estimated payment 0.77× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,670/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.

price cut 6%new this week
The underwriting

The numbers (estimates, illustrative)

$314,995List price
$1,670Rent estimate / mo
0.77Lender DSCR (est.)
$3,780Taxes / yr · assumed 1.2%
$138ZIP median $ / sqft
20/100Deal Score

Monthly picture (illustrative)

Rent est.$1,670
− Mortgage (P&I)−$1,652
− Taxes−$315
− Insurance−$131
− HOA−$67
= Cash flow before vacancy & repairs$-495

The numbers

Price
$314,995
$ / sq ft
$130 ZIP median $138
Rent estimate
$1,670/mo HUD fair-market rent
Property taxes
$3,780/yr assumed 1.2% of price
PITIA (assumed)
$2,165/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $67/mo
Lender DSCR (est.)
0.77 rent ÷ PITIA · lender floor 1.20
Deal Score
20/100 price cut 6% · new this week

The property

Beds / baths
5 / 3
Living area
2,422 sq ft
Lot
5,663 sq ft
Year built
2026
Property type
Single Family
HOA
$67/mo
Flood zone
100
Registered rental
No

The listing

Source
New Construction
MLS #
—
Listed
Sep 30, 2026
Days on market
2
Listing agent
Not on the feed — use the official listing link
Price history
First asked $334,995 · previously $334,995 cut $20,000
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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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