Last confirmed active 19 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
30score
↓ $40,100
$359,900
MLS
Street view3235 Citadel Ct
Indianapolis IN 46268 · Single Family · built 1968
4 bd2.5 ba2,948 sqft$122/sqft vs ZIP $160 −24%
0.79 lender DSCR (est.)
Rent covers the estimated payment 0.79× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,001/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.
24% under ZIP $/sqftprice cut 11%
The underwriting
The numbers (estimates, illustrative)
$359,900List price
$2,001Rent estimate / mo
0.79Lender DSCR (est.)
$5,214Taxes / yr · county assessor
$160ZIP median $ / sqft
30/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,001 |
| − Mortgage (P&I) | −$1,887 |
| − Taxes | −$435 |
| − Insurance | −$150 |
| − HOA | −$53 |
| = Cash flow before vacancy & repairs | $-524 |
The numbers
- Price
- $359,900
- $ / sq ft
- $122 ZIP median $160
- Rent estimate
- $2,001/mo HUD fair-market rent
- Property taxes
- $5,214/yr 2% cap on assessed value $260,700
- PITIA (assumed)
- $2,525/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $53/mo
- Lender DSCR (est.)
- 0.79 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 30/100 24% under ZIP $/sqft · price cut 11%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,948 sq ft
- Lot
- 10,890 sq ft
- Year built
- 1968
- Property type
- Single Family
- HOA
- $53/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22094541
- Listed
- Apr 9, 2026
- Days on market
- 177
- Listing agent
- Billy Albright · Elite One Properties, Llc
3175072984 · billyalbright@ymail.com - Price history
- First asked $400,000 · previously $400,000 cut $40,100
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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.