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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29score
↓ $15,000
$309,900
MLS
Street view2042 Thousand Oaks Blvd
Indianapolis IN 46214 · Single Family · built 1999
4 bd3 ba2,699 sqft$115/sqft vs ZIP $138 −17%
0.79 lender DSCR (est.)
Rent covers the estimated payment 0.79× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,832/mo (HUD fair-market rent) ÷ 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.
17% under ZIP $/sqftprice cut 5%below assessed value
The underwriting
The numbers (estimates, illustrative)
$309,900List price
$1,832Rent estimate / mo
0.79Lender DSCR (est.)
$6,512Taxes / yr · county assessor
$138ZIP median $ / sqft
29/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,832 |
| − Mortgage (P&I) | −$1,625 |
| − Taxes | −$543 |
| − Insurance | −$129 |
| − HOA | −$12 |
| = Cash flow before vacancy & repairs | $-477 |
The numbers
- Price
- $309,900
- $ / sq ft
- $115 ZIP median $138
- Rent estimate
- $1,832/mo HUD fair-market rent
- Property taxes
- $6,512/yr 2% cap on assessed value $325,600
- PITIA (assumed)
- $2,309/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $12/mo
- Lender DSCR (est.)
- 0.79 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 29/100 17% under ZIP $/sqft · price cut 5% · below assessed value
The property
- Beds / baths
- 4 / 3
- Living area
- 2,699 sq ft
- Lot
- 7,405 sq ft
- Year built
- 1999
- Property type
- Single Family
- HOA
- $12/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22121799
- Listed
- Aug 22, 2026
- Days on market
- 42
- Listing agent
- Lori Summers · Broker Direct Realty, Llc
3174522410 · lrsummers@comcast.net - Price history
- First asked $324,900 · previously $324,900 cut $15,000
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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.