1 / 6
35score
↓ $19,000
$200,000
MLS
Street view3017 Skylar Ln
Indianapolis IN 46208 · Single Family · built 2002
3 bd2.5 ba2,070 sqft$97/sqft vs ZIP $126 −23%
0.74 lender DSCR (est.)
Rent covers the estimated payment 0.74× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,350/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.
24% under ZIP $/sqftprice cut 10%below assessed value
The underwriting
The numbers (estimates, illustrative)
$200,000List price
$1,350Rent estimate / mo
0.74Lender DSCR (est.)
$4,166Taxes / yr · county assessor
$126ZIP median $ / sqft
35/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,350 |
| − Mortgage (P&I) | −$1,049 |
| − Taxes | −$347 |
| − Insurance | −$83 |
| − HOA | −$335 |
| = Cash flow before vacancy & repairs | $-464 |
The numbers
- Price
- $200,000
- $ / sq ft
- $97 ZIP median $126
- Rent estimate
- $1,350/mo ZIP + bedroom comps
- Property taxes
- $4,166/yr 2% cap on assessed value $208,300
- PITIA (assumed)
- $1,814/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $335/mo
- Lender DSCR (est.)
- 0.74 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 35/100 24% under ZIP $/sqft · price cut 10% · below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,070 sq ft
- Lot
- 2,614 sq ft
- Year built
- 2002
- Property type
- Single Family
- HOA
- $335/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22109834
- Listed
- Jun 23, 2026
- Days on market
- 116
- Listing agent
- Joshua Shives · Raeco Realty
7654049900 · josh@shivesrealty.com - Price history
- First asked $219,000 · previously $219,000 cut $19,000
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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.