1 / 6
16score
$330,000
MLS
Street view3038 Sunmeadow Ct
Indianapolis IN 46228 · Single Family · built 1988
4 bd2.5 ba2,659 sqft$124/sqft vs ZIP $144 −14%
0.80 lender DSCR (est.)
Rent covers the estimated payment 0.80× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,350/mo (HUD fair-market rent) ÷ 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.
14% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$330,000List price
$2,350Rent estimate / mo
0.80Lender DSCR (est.)
$12,570Taxes / yr · county assessor
$144ZIP median $ / sqft
16/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,350 |
| − Mortgage (P&I) | −$1,731 |
| − Taxes | −$1,048 |
| − Insurance | −$138 |
| − HOA | −$28 |
| = Cash flow before vacancy & repairs | $-594 |
The numbers
- Price
- $330,000
- $ / sq ft
- $124 ZIP median $144
- Rent estimate
- $2,350/mo HUD fair-market rent
- Property taxes
- $12,570/yr 2% cap on assessed value $628,500
- PITIA (assumed)
- $2,944/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $28/mo
- Lender DSCR (est.)
- 0.80 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 16/100 14% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,659 sq ft
- Lot
- 13,939 sq ft
- Year built
- 1988
- Property type
- Single Family
- HOA
- $28/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22126446
- Listed
- Sep 17, 2026
- Days on market
- 16
- Listing agent
- Kristen Cambridge · @properties
3174138838 · kristen@platcollective.com - Price history
- First asked $330,000
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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.