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16score
New
$310,000
MLS
Street view2065 Oldfields Circle South Dr
Indianapolis IN 46228 · Single Family · built 1988
2 bd2.5 ba2,503 sqft$124/sqft vs ZIP $144 −14%
0.60 lender DSCR (est.)
Rent covers the estimated payment 0.60× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,488/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.
14% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$310,000List price
$1,488Rent estimate / mo
0.60Lender DSCR (est.)
$3,720Taxes / yr · assumed 1.2%
$144ZIP median $ / sqft
16/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,488 |
| − Mortgage (P&I) | −$1,626 |
| − Taxes | −$310 |
| − Insurance | −$129 |
| − HOA | −$425 |
| = Cash flow before vacancy & repairs | $-1,002 |
The numbers
- Price
- $310,000
- $ / sq ft
- $124 ZIP median $144
- Rent estimate
- $1,488/mo HUD fair-market rent
- Property taxes
- $3,720/yr assumed 1.2% of price
- PITIA (assumed)
- $2,490/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $425/mo
- Lender DSCR (est.)
- 0.60 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 16/100 14% under ZIP $/sqft · new this week
The property
- Beds / baths
- 2 / 2.5
- Living area
- 2,503 sq ft
- Lot
- 23,958 sq ft
- Year built
- 1988
- Property type
- Single Family
- HOA
- $425/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22128746
- Listed
- Oct 3, 2026
- Days on market
- 1
- Listing agent
- Patrick Devine · Patrick T. Devine
3172165771 · ptdevine60@gmail.com - Price history
- First asked $310,000
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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.