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37score
New
$200,000
MLS
Street view2905 Shady Oak Dr
Indianapolis IN 46229 · Single Family · built 1963
3 bd2 ba1,284 sqft$156/sqft vs ZIP $139 +12%
1.35 lender DSCR (est.)
Rent covers the estimated payment 1.35× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,730/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.
DSCR 1.35new this weekregistered rental
The underwriting
The numbers (estimates, illustrative)
$200,000List price
$1,730Rent estimate / mo
1.35Lender DSCR (est.)
$1,780Taxes / yr · county assessor
$139ZIP median $ / sqft
37/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,730 |
| − Mortgage (P&I) | −$1,049 |
| − Taxes | −$148 |
| − Insurance | −$83 |
| = Cash flow before vacancy & repairs | $450 |
The numbers
- Price
- $200,000
- $ / sq ft
- $156 ZIP median $139
- Rent estimate
- $1,730/mo ZIP + bedroom comps
- Property taxes
- $1,780/yr 2% cap on assessed value $89,000
- PITIA (assumed)
- $1,280/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.35 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 37/100 DSCR 1.35 · new this week · registered rental
The property
- Beds / baths
- 3 / 2
- Living area
- 1,284 sq ft
- Lot
- 16,988 sq ft
- Year built
- 1963
- 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 #
- 22131611
- Listed
- Oct 15, 2026
- Days on market
- 3
- Listing agent
- Scott Wynkoop · Wynkoop Brokerage Firm, LLC
3174724570 · swynkoop@indianareo.com - Price history
- First asked $200,000
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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.