1 / 6
14score
↓ $10,000
$229,900
MLS
Street view1394 Valley Forge Dr
Indianapolis IN 46234 · Single Family · built 2003
2 bd1 ba1,088 sqft$211/sqft vs ZIP $160 +32%
0.97 lender DSCR (est.)
Rent covers the estimated payment 0.97× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,493/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.
price cut 4%
The underwriting
The numbers (estimates, illustrative)
$229,900List price
$1,493Rent estimate / mo
0.97Lender DSCR (est.)
$2,759Taxes / yr · assumed 1.2%
$160ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,493 |
| − Mortgage (P&I) | −$1,206 |
| − Taxes | −$230 |
| − Insurance | −$96 |
| = Cash flow before vacancy & repairs | $-38 |
The numbers
- Price
- $229,900
- $ / sq ft
- $211 ZIP median $160
- Rent estimate
- $1,493/mo HUD fair-market rent
- Property taxes
- $2,759/yr assumed 1.2% of price
- PITIA (assumed)
- $1,531/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.97 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100 price cut 4%
The property
- Beds / baths
- 2 / 1
- Living area
- 1,088 sq ft
- Lot
- 7,405 sq ft
- Year built
- 2003
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22120014
- Listed
- Aug 13, 2026
- Days on market
- 65
- Listing agent
- Taylor Licht · RE/MAX Complete
7657295181 · taylorlichtrealtor@gmail.com - Price history
- First asked $239,900 · previously $239,900 cut $10,000
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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.