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13score
$369,900
MLS
Street view1417 Royal Lake Dr
Indianapolis IN 46228 · Single Family · built 1997
3 bd2.5 ba3,068 sqft$121/sqft vs ZIP $144 −16%
0.71 lender DSCR (est.)
Rent covers the estimated payment 0.71× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,929/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.
16% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$369,900List price
$1,929Rent estimate / mo
0.71Lender DSCR (est.)
$7,088Taxes / yr · county assessor
$144ZIP median $ / sqft
13/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,929 |
| − Mortgage (P&I) | −$1,940 |
| − Taxes | −$591 |
| − Insurance | −$154 |
| − HOA | −$39 |
| = Cash flow before vacancy & repairs | $-795 |
The numbers
- Price
- $369,900
- $ / sq ft
- $121 ZIP median $144
- Rent estimate
- $1,929/mo ZIP + bedroom comps
- Property taxes
- $7,088/yr 2% cap on assessed value $354,400
- PITIA (assumed)
- $2,724/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $39/mo
- Lender DSCR (est.)
- 0.71 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 13/100 16% under ZIP $/sqft
The property
- Beds / baths
- 3 / 2.5
- Living area
- 3,068 sq ft
- Lot
- 11,326 sq ft
- Year built
- 1997
- Property type
- Single Family
- HOA
- $39/mo
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22130402
- Listed
- Oct 8, 2026
- Days on market
- 24
- Listing agent
- Natalie Taylor · Keller Williams Indy Metro Ne
3175647100 · ntaylorhomes@gmail.com - Price history
- First asked $369,900
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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.