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4score
New Construction
$287,990
MLS
Street view2953 Strauss Ln
Indianapolis IN 46239 · Single Family · built 2025
3 bd2.5 ba1,764 sqft$163/sqft vs ZIP $148 +10%
0.96 lender DSCR (est.)
Rent covers the estimated payment 0.96× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,883/mo (ZIP + bedroom comps) ÷ 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.
The underwriting
The numbers (estimates, illustrative)
$287,990List price
$1,883Rent estimate / mo
0.96Lender DSCR (est.)
$3,456Taxes / yr · assumed 1.2%
$148ZIP median $ / sqft
4/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,883 |
| − Mortgage (P&I) | −$1,510 |
| − Taxes | −$288 |
| − Insurance | −$120 |
| − HOA | −$42 |
| = Cash flow before vacancy & repairs | $-77 |
The numbers
- Price
- $287,990
- $ / sq ft
- $163 ZIP median $148
- Rent estimate
- $1,883/mo ZIP + bedroom comps
- Property taxes
- $3,456/yr assumed 1.2% of price
- PITIA (assumed)
- $1,960/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $42/mo
- Lender DSCR (est.)
- 0.96 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 4/100
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,764 sq ft
- Lot
- 5,663 sq ft
- Year built
- 2025
- Property type
- Single Family
- HOA
- $42/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22072188
- Listed
- Nov 7, 2025
- Days on market
- 344
- Listing agent
- David Landau · Highgarden Real Estate
3174313830 · dlandau@highgarden.com - Price history
- First asked $287,990
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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.