Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
16score
$500,000
MLS
Street view2620 Albatross Ave
Plainfield IN 46168 · Single Family · built 2023
5 bd3 ba3,469 sqft$144/sqft vs ZIP $177 −19%
0.66 lender DSCR (est.)
Rent covers the estimated payment 0.66× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,219/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.
19% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$500,000List price
$2,219Rent estimate / mo
0.66Lender DSCR (est.)
$6,000Taxes / yr · assumed 1.2%
$177ZIP median $ / sqft
16/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,219 |
| − Mortgage (P&I) | −$2,622 |
| − Taxes | −$500 |
| − Insurance | −$208 |
| − HOA | −$45 |
| = Cash flow before vacancy & repairs | $-1,156 |
The numbers
- Price
- $500,000
- $ / sq ft
- $144 ZIP median $177
- Rent estimate
- $2,219/mo HUD fair-market rent
- Property taxes
- $6,000/yr assumed 1.2% of price
- PITIA (assumed)
- $3,375/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $45/mo
- Lender DSCR (est.)
- 0.66 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 16/100 19% under ZIP $/sqft
The property
- Beds / baths
- 5 / 3
- Living area
- 3,469 sq ft
- Lot
- 16,553 sq ft
- Year built
- 2023
- Property type
- Single Family
- HOA
- $45/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22106328
- Listed
- Jun 5, 2026
- Days on market
- 122
- Listing agent
- John Dininger · Janko Realty Group
3177275536 · john@diningerassociates.com - Price history
- First asked $500,000
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.