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
14score
↓ $28,488New Construction
$264,198
MLS
Street view2651 Marjorie Ln
Plainfield IN 46168 · Townhouse · built 2025
3 bd2 ba1,415 sqft$187/sqft vs ZIP $177 +5%
0.96 lender DSCR (est.)
Rent covers the estimated payment 0.96× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,824/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.
price cut 11%
The underwriting
The numbers (estimates, illustrative)
$264,198List price
$1,824Rent estimate / mo
0.96Lender DSCR (est.)
$3,170Taxes / yr · assumed 1.2%
$177ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,824 |
| − Mortgage (P&I) | −$1,385 |
| − Taxes | −$264 |
| − Insurance | −$110 |
| − HOA | −$145 |
| = Cash flow before vacancy & repairs | $-81 |
The numbers
- Price
- $264,198
- $ / sq ft
- $187 ZIP median $177
- Rent estimate
- $1,824/mo HUD fair-market rent
- Property taxes
- $3,170/yr assumed 1.2% of price
- PITIA (assumed)
- $1,905/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $145/mo
- Lender DSCR (est.)
- 0.96 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100 price cut 11%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,415 sq ft
- Lot
- 2,178 sq ft
- Year built
- 2025
- Property type
- Townhouse
- HOA
- $145/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- New Construction
- MLS #
- 22081550
- Listed
- Jan 27, 2026
- Days on market
- 251
- Listing agent
- Doug Anderson · Carpenter Realtors, Avon West
3172247446 · doug@callcarpenter.com - Price history
- First asked $292,686 · previously $292,686 cut $28,488
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.