1 / 6
13score
↓ $10,500
$278,500
MLS
Street view2909 Kirkbride Way
Indianapolis IN 46222 · Townhouse · built 2019
3 bd3.5 ba1,750 sqft$159/sqft vs ZIP $158 +1%
0.76 lender DSCR (est.)
Rent covers the estimated payment 0.76× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,700/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.
price cut 4%below assessed value
The underwriting
The numbers (estimates, illustrative)
$278,500List price
$1,700Rent estimate / mo
0.76Lender DSCR (est.)
$5,712Taxes / yr · county assessor
$158ZIP median $ / sqft
13/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,700 |
| − Mortgage (P&I) | −$1,460 |
| − Taxes | −$476 |
| − Insurance | −$116 |
| − HOA | −$175 |
| = Cash flow before vacancy & repairs | $-528 |
The numbers
- Price
- $278,500
- $ / sq ft
- $159 ZIP median $158
- Rent estimate
- $1,700/mo ZIP + bedroom comps
- Property taxes
- $5,712/yr 2% cap on assessed value $285,600
- PITIA (assumed)
- $2,228/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $175/mo
- Lender DSCR (est.)
- 0.76 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 13/100 price cut 4% · below assessed value
The property
- Beds / baths
- 3 / 3.5
- Living area
- 1,750 sq ft
- Lot
- 1,307 sq ft
- Year built
- 2019
- Property type
- Townhouse
- HOA
- $175/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 202618966
- Listed
- May 19, 2026
- Days on market
- 151
- Listing agent
- Cory Grass · RE/MAX Acclaimed Properties
8125641111 · cgrass@remax.net - Price history
- First asked $289,000 · previously $289,000 cut $10,500
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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.