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46score
$240,000
MLS
Street view2344 Layton Park Dr
Indianapolis IN 46239 · Single Family · built 2003
4 bd2.5 ba2,088 sqft$115/sqft vs ZIP $151 −24%
1.19 lender DSCR (est.)
Rent covers the estimated payment 1.19× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,100/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.
24% under ZIP $/sqftbelow assessed valueregistered rental
The underwriting
The numbers (estimates, illustrative)
$240,000List price
$2,100Rent estimate / mo
1.19Lender DSCR (est.)
$4,868Taxes / yr · county assessor
$151ZIP median $ / sqft
46/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,100 |
| − Mortgage (P&I) | −$1,259 |
| − Taxes | −$406 |
| − Insurance | −$100 |
| = Cash flow before vacancy & repairs | $336 |
The numbers
- Price
- $240,000
- $ / sq ft
- $115 ZIP median $151
- Rent estimate
- $2,100/mo ZIP + bedroom comps
- Property taxes
- $4,868/yr 2% cap on assessed value $243,400
- PITIA (assumed)
- $1,764/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.19 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 46/100 24% under ZIP $/sqft · below assessed value · registered rental
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,088 sq ft
- Lot
- 5,663 sq ft
- Year built
- 2003
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22079128
- Listed
- Sep 16, 2026
- Days on market
- 23
- Listing agent
- Kaitlyn Franklin · CRM Properties, Inc.
7654387432 · katie@crmproperties.net - Price history
- First asked $240,000
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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.