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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35score
New
$399,900
MLS
Street view2426 Manita Dr
Indianapolis IN 46234 · Single Family · built 2002
4 bd4 ba4,102 sqft$97/sqft vs ZIP $160 −39%
0.73 lender DSCR (est.)
Rent covers the estimated payment 0.73× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,235/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.
39% under ZIP $/sqftnew this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$399,900List price
$2,235Rent estimate / mo
0.73Lender DSCR (est.)
$9,210Taxes / yr · county assessor
$160ZIP median $ / sqft
35/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,235 |
| − Mortgage (P&I) | −$2,097 |
| − Taxes | −$768 |
| − Insurance | −$167 |
| − HOA | −$19 |
| = Cash flow before vacancy & repairs | $-815 |
The numbers
- Price
- $399,900
- $ / sq ft
- $97 ZIP median $160
- Rent estimate
- $2,235/mo ZIP + bedroom comps
- Property taxes
- $9,210/yr 2% cap on assessed value $460,500
- PITIA (assumed)
- $3,050/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $19/mo
- Lender DSCR (est.)
- 0.73 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 35/100 39% under ZIP $/sqft · new this week · below assessed value
The property
- Beds / baths
- 4 / 4
- Living area
- 4,102 sq ft
- Lot
- 9,148 sq ft
- Year built
- 2002
- Property type
- Single Family
- HOA
- $19/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22129138
- Listed
- Oct 1, 2026
- Days on market
- 3
- Listing agent
- Matthew Trammel · Carpenter Realtors, Brownsburg
3176079684 · mtrammel@callcarpenter.com - Price history
- First asked $399,900
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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.