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
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32score
↓ $24,900
$325,000
MLS
Street view1377 Fortner Dr
Indianapolis IN 46231 · Single Family · built 2005
3 bd2.5 ba3,016 sqft$108/sqft vs ZIP $147 −27%
0.82 lender DSCR (est.)
Rent covers the estimated payment 0.82× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,805/mo (ZIP + bedroom comps) ÷ 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.
27% under ZIP $/sqftprice cut 8%
The underwriting
The numbers (estimates, illustrative)
$325,000List price
$1,805Rent estimate / mo
0.82Lender DSCR (est.)
$3,900Taxes / yr · assumed 1.2%
$147ZIP median $ / sqft
32/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,805 |
| − Mortgage (P&I) | −$1,704 |
| − Taxes | −$325 |
| − Insurance | −$135 |
| − HOA | −$32 |
| = Cash flow before vacancy & repairs | $-392 |
The numbers
- Price
- $325,000
- $ / sq ft
- $108 ZIP median $147
- Rent estimate
- $1,805/mo ZIP + bedroom comps
- Property taxes
- $3,900/yr assumed 1.2% of price
- PITIA (assumed)
- $2,197/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $32/mo
- Lender DSCR (est.)
- 0.82 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 32/100 27% under ZIP $/sqft · price cut 8%
The property
- Beds / baths
- 3 / 2.5
- Living area
- 3,016 sq ft
- Lot
- 9,148 sq ft
- Year built
- 2005
- Property type
- Single Family
- HOA
- $32/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22112838
- Listed
- Jul 30, 2026
- Days on market
- 65
- Listing agent
- Gloria Gear · Keller Williams Indy Metro W
3177504998 · gloria@gearregroup.com - Price history
- First asked $349,900 · previously $349,900 cut $24,900
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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.