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21score
$317,900
MLS
Street view2924 Coles Creek Ln
Indianapolis IN 46217 · Single Family · built 2005
4 bd2.5 ba2,646 sqft$120/sqft vs ZIP $161 −25%
0.85 lender DSCR (est.)
Rent covers the estimated payment 0.85× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,967/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.
25% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$317,900List price
$1,967Rent estimate / mo
0.85Lender DSCR (est.)
$5,898Taxes / yr · county assessor
$161ZIP median $ / sqft
21/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,967 |
| − Mortgage (P&I) | −$1,667 |
| − Taxes | −$492 |
| − Insurance | −$132 |
| − HOA | −$33 |
| = Cash flow before vacancy & repairs | $-357 |
The numbers
- Price
- $317,900
- $ / sq ft
- $120 ZIP median $161
- Rent estimate
- $1,967/mo ZIP + bedroom comps
- Property taxes
- $5,898/yr 2% cap on assessed value $294,900
- PITIA (assumed)
- $2,324/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $33/mo
- Lender DSCR (est.)
- 0.85 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 21/100 25% under ZIP $/sqft
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,646 sq ft
- Lot
- 7,405 sq ft
- Year built
- 2005
- Property type
- Single Family
- HOA
- $33/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22126850
- Listed
- Sep 18, 2026
- Days on market
- 15
- Listing agent
- Dennis Nottingham - Indy Home Pros Team · Re/Max Advanced Realty
3173761776 · dennis@indyhomepros.com - Price history
- First asked $317,900
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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.