1 / 6
0score
$314,900
MLS
Street view3020 Shadow Lake Dr
Indianapolis IN 46217 · Single Family · built 2002
3 bd2 ba1,724 sqft$183/sqft vs ZIP $161 +13%
0.82 lender DSCR (est.)
Rent covers the estimated payment 0.82× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,823/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.
The underwriting
The numbers (estimates, illustrative)
$314,900List price
$1,823Rent estimate / mo
0.82Lender DSCR (est.)
$5,008Taxes / yr · county assessor
$161ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,823 |
| − Mortgage (P&I) | −$1,651 |
| − Taxes | −$417 |
| − Insurance | −$131 |
| − HOA | −$33 |
| = Cash flow before vacancy & repairs | $-410 |
The numbers
- Price
- $314,900
- $ / sq ft
- $183 ZIP median $161
- Rent estimate
- $1,823/mo ZIP + bedroom comps
- Property taxes
- $5,008/yr 2% cap on assessed value $250,400
- PITIA (assumed)
- $2,233/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $33/mo
- Lender DSCR (est.)
- 0.82 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,724 sq ft
- Lot
- 11,761 sq ft
- Year built
- 2002
- Property type
- Single Family
- HOA
- $33/mo
- Flood zone
- 500
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22124888
- Listed
- Sep 11, 2026
- Days on market
- 22
- Listing agent
- Jake Stiles · Coldwell Banker Stiles
3178839461 · jake@cbstiles.com - Price history
- First asked $314,900
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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.