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27score
New
$365,000
MLS
Street view1829 Fortner Dr
Indianapolis IN 46231 · Single Family · built 2003
4 bd3.5 ba3,136 sqft$116/sqft vs ZIP $143 −19%
1.00 lender DSCR (est.)
Rent covers the estimated payment 1.00× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,473/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.
18% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$365,000List price
$2,473Rent estimate / mo
1.00Lender DSCR (est.)
$4,380Taxes / yr · assumed 1.2%
$143ZIP median $ / sqft
27/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,473 |
| − Mortgage (P&I) | −$1,914 |
| − Taxes | −$365 |
| − Insurance | −$152 |
| − HOA | −$33 |
| = Cash flow before vacancy & repairs | $9 |
The numbers
- Price
- $365,000
- $ / sq ft
- $116 ZIP median $143
- Rent estimate
- $2,473/mo HUD fair-market rent
- Property taxes
- $4,380/yr assumed 1.2% of price
- PITIA (assumed)
- $2,464/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $33/mo
- Lender DSCR (est.)
- 1.00 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 27/100 18% under ZIP $/sqft · new this week
The property
- Beds / baths
- 4 / 3.5
- Living area
- 3,136 sq ft
- Lot
- 9,583 sq ft
- Year built
- 2003
- Property type
- Single Family
- HOA
- $33/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22133985
- Listed
- Oct 29, 2026
- Days on market
- 4
- Listing agent
- Nan Minatel · F.C. Tucker Company - West
3172711700 · nan@talktotucker.com - Price history
- First asked $365,000
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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.