1 / 6
0score
$309,900
MLS
Street view1909 Lakeside Ln
Indianapolis IN 46229 · Single Family · built 1989
3 bd2 ba2,164 sqft$143/sqft vs ZIP $138 +4%
0.85 lender DSCR (est.)
Rent covers the estimated payment 0.85× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,750/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.
The underwriting
The numbers (estimates, illustrative)
$309,900List price
$1,750Rent estimate / mo
0.85Lender DSCR (est.)
$3,719Taxes / yr · assumed 1.2%
$138ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,750 |
| − Mortgage (P&I) | −$1,625 |
| − Taxes | −$310 |
| − Insurance | −$129 |
| = Cash flow before vacancy & repairs | $-314 |
The numbers
- Price
- $309,900
- $ / sq ft
- $143 ZIP median $138
- Rent estimate
- $1,750/mo ZIP + bedroom comps
- Property taxes
- $3,719/yr assumed 1.2% of price
- PITIA (assumed)
- $2,064/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.85 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2
- Living area
- 2,164 sq ft
- Lot
- 19,602 sq ft
- Year built
- 1989
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22125980
- Listed
- Sep 21, 2026
- Days on market
- 11
- Listing agent
- Josh Monteith · Ever Real Estate, LLC
3177506490 · josh.monteith@everrealestate.com - Price history
- First asked $309,900
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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.