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 1248 Munsee Cir
1 / 6
30score
↓ $3,000
$341,000
MLS Street view
Search photos

1248 Munsee Cir

Indianapolis IN 46228 · Single Family · built 1982
4 bd3.5 ba3,593 sqft$95/sqft vs ZIP $143 −34%
0.95 lender DSCR (est.)
Rent covers the estimated payment 0.95× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,332/mo (HUD fair-market rent) ÷ 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.

34% under ZIP $/sqftprice cut 1%
The underwriting

The numbers (estimates, illustrative)

$341,000List price
$2,332Rent estimate / mo
0.95Lender DSCR (est.)
$6,204Taxes / yr · county assessor
$143ZIP median $ / sqft
30/100Deal Score

Monthly picture (illustrative)

Rent est.$2,332
− Mortgage (P&I)−$1,788
− Taxes−$517
− Insurance−$142
= Cash flow before vacancy & repairs$-115

The numbers

Price
$341,000
$ / sq ft
$95 ZIP median $143
Rent estimate
$2,332/mo HUD fair-market rent
Property taxes
$6,204/yr 2% cap on assessed value $310,200
PITIA (assumed)
$2,447/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.95 rent ÷ PITIA · lender floor 1.20
Deal Score
30/100 34% under ZIP $/sqft · price cut 1%

The property

Beds / baths
4 / 3.5
Living area
3,593 sq ft
Lot
19,166 sq ft
Year built
1982
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22121412
Listed
Aug 20, 2026
Days on market
44
Listing agent
Teresa Homan · MAINSTAY BROKERAGE LLC
6784773578 · teresa.homan@opendoor.com
Price history
First asked $344,000 · previously $344,000 cut $3,000
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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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