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40score
New
$299,900
MLS
Street view3254 Cork Bend Dr
Indianapolis IN 46239 · Single Family · built 2006
5 bd3.5 ba2,950 sqft$102/sqft vs ZIP $148 −31%
0.98 lender DSCR (est.)
Rent covers the estimated payment 0.98× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,236/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.
32% under ZIP $/sqftnew this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$299,900List price
$2,236Rent estimate / mo
0.98Lender DSCR (est.)
$6,694Taxes / yr · county assessor
$148ZIP median $ / sqft
40/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,236 |
| − Mortgage (P&I) | −$1,573 |
| − Taxes | −$558 |
| − Insurance | −$125 |
| − HOA | −$29 |
| = Cash flow before vacancy & repairs | $-48 |
The numbers
- Price
- $299,900
- $ / sq ft
- $102 ZIP median $148
- Rent estimate
- $2,236/mo HUD fair-market rent
- Property taxes
- $6,694/yr 2% cap on assessed value $334,700
- PITIA (assumed)
- $2,284/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $29/mo
- Lender DSCR (est.)
- 0.98 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 40/100 32% under ZIP $/sqft · new this week · below assessed value
The property
- Beds / baths
- 5 / 3.5
- Living area
- 2,950 sq ft
- Lot
- 7,405 sq ft
- Year built
- 2006
- Property type
- Single Family
- HOA
- $29/mo
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22118069
- Listed
- Oct 28, 2026
- Days on market
- 4
- Listing agent
- Logan Sanford · Real Broker, LLC
7655801833 · logansanford.indy@gmail.com - Price history
- First asked $299,900
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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.