1 / 6
4score
↓ $5,000
$245,000
MLS
Street view3207 Knobstone Ln
Indianapolis IN 46203 · Single Family · built 2005
3 bd2 ba1,430 sqft$171/sqft vs ZIP $168 +2%
0.84 lender DSCR (est.)
Rent covers the estimated payment 0.84× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,500/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.
price cut 2%
The underwriting
The numbers (estimates, illustrative)
$245,000List price
$1,500Rent estimate / mo
0.84Lender DSCR (est.)
$4,200Taxes / yr · county assessor
$168ZIP median $ / sqft
4/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,500 |
| − Mortgage (P&I) | −$1,285 |
| − Taxes | −$350 |
| − Insurance | −$102 |
| − HOA | −$42 |
| = Cash flow before vacancy & repairs | $-279 |
The numbers
- Price
- $245,000
- $ / sq ft
- $171 ZIP median $168
- Rent estimate
- $1,500/mo ZIP + bedroom comps
- Property taxes
- $4,200/yr 2% cap on assessed value $210,000
- PITIA (assumed)
- $1,779/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $42/mo
- Lender DSCR (est.)
- 0.84 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 4/100 price cut 2%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,430 sq ft
- Lot
- 6,534 sq ft
- Year built
- 2005
- Property type
- Single Family
- HOA
- $42/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22120299
- Listed
- Aug 14, 2026
- Days on market
- 64
- Listing agent
- Courtney Ewing · The Modglin Group
3173621108 · courtney@themodglingroup.com - Price history
- First asked $250,000 · previously $247,000 cut $5,000
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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.