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5score
$305,000
MLS
Street view12718 Slippery Rock Rd
Indianapolis IN 46236 · Single Family · built 1993
3 bd2 ba1,596 sqft$191/sqft vs ZIP $157 +22%
0.81 lender DSCR (est.)
Rent covers the estimated payment 0.81× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,835/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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$305,000List price
$1,835Rent estimate / mo
0.81Lender DSCR (est.)
$6,458Taxes / yr · county assessor
$157ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,835 |
| − Mortgage (P&I) | −$1,599 |
| − Taxes | −$538 |
| − Insurance | −$127 |
| = Cash flow before vacancy & repairs | $-430 |
The numbers
- Price
- $305,000
- $ / sq ft
- $191 ZIP median $157
- Rent estimate
- $1,835/mo ZIP + bedroom comps
- Property taxes
- $6,458/yr 2% cap on assessed value $322,900
- PITIA (assumed)
- $2,265/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.81 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 below assessed value
The property
- Beds / baths
- 3 / 2
- Living area
- 1,596 sq ft
- Lot
- 11,326 sq ft
- Year built
- 1993
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22130414
- Listed
- Oct 9, 2026
- Days on market
- 23
- Listing agent
- Teresa Ott · Berkshire Hathaway HomeServices Indiana Realty
3175192932 · tott@bhhsin.com - Price history
- First asked $305,000
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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.