1 / 6
33score
↓ $5,900
$234,000
MLS
Street view1216 Country Creek Cir
Indianapolis IN 46234 · Single Family · built 1999
3 bd2.5 ba1,606 sqft$146/sqft vs ZIP $160 −9%
1.15 lender DSCR (est.)
Rent covers the estimated payment 1.15× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,029/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.
9% under ZIP $/sqftprice cut 3%below assessed value
The underwriting
The numbers (estimates, illustrative)
$234,000List price
$2,029Rent estimate / mo
1.15Lender DSCR (est.)
$5,356Taxes / yr · county assessor
$160ZIP median $ / sqft
33/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,029 |
| − Mortgage (P&I) | −$1,227 |
| − Taxes | −$446 |
| − Insurance | −$98 |
| = Cash flow before vacancy & repairs | $258 |
The numbers
- Price
- $234,000
- $ / sq ft
- $146 ZIP median $160
- Rent estimate
- $2,029/mo ZIP + bedroom comps
- Property taxes
- $5,356/yr 2% cap on assessed value $267,800
- PITIA (assumed)
- $1,771/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.15 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 33/100 9% under ZIP $/sqft · price cut 3% · below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,606 sq ft
- Lot
- 3,920 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 #
- 22109415
- Listed
- Jun 21, 2026
- Days on market
- 118
- Listing agent
- Angela Line · Highgarden Real Estate
3175067844 · aline@highgarden.com - Price history
- First asked $239,900 · previously $239,900 cut $5,900
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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.