Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
19score
↓ $16,000
$349,000
MLS
Street view12107 Briarway South Dr
Indianapolis IN 46259 · Single Family · built 1973
4 bd3 ba2,656 sqft$131/sqft vs ZIP $150 −12%
0.87 lender DSCR (est.)
Rent covers the estimated payment 0.87× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,026/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.
12% under ZIP $/sqftprice cut 5%
The underwriting
The numbers (estimates, illustrative)
$349,000List price
$2,026Rent estimate / mo
0.87Lender DSCR (est.)
$4,188Taxes / yr · assumed 1.2%
$150ZIP median $ / sqft
19/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,026 |
| − Mortgage (P&I) | −$1,830 |
| − Taxes | −$349 |
| − Insurance | −$145 |
| = Cash flow before vacancy & repairs | $-299 |
The numbers
- Price
- $349,000
- $ / sq ft
- $131 ZIP median $150
- Rent estimate
- $2,026/mo HUD fair-market rent
- Property taxes
- $4,188/yr assumed 1.2% of price
- PITIA (assumed)
- $2,325/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.87 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 19/100 12% under ZIP $/sqft · price cut 5%
The property
- Beds / baths
- 4 / 3
- Living area
- 2,656 sq ft
- Lot
- 30,492 sq ft
- Year built
- 1973
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22115430
- Listed
- Jul 23, 2026
- Days on market
- 73
- Listing agent
- Missy Mendoza · CENTURY 21 Scheetz
3178812100 · mmendoza@c21scheetz.com - Price history
- First asked $365,000 · previously $365,000 cut $16,000
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.