Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
Street view of 3261 Morab Dr
1 / 6
27score
↓ $6,000
$429,000
MLS Street view
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3261 Morab Dr

Zionsville IN 46077 · Townhouse · built 2023
3 bd3 ba2,390 sqft$179/sqft vs ZIP $251 −28%
0.74 lender DSCR (est.)
Rent covers the estimated payment 0.74× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,332/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.

28% under ZIP $/sqftprice cut 1%
The underwriting

The numbers (estimates, illustrative)

$429,000List price
$2,332Rent estimate / mo
0.74Lender DSCR (est.)
$5,148Taxes / yr · assumed 1.2%
$251ZIP median $ / sqft
27/100Deal Score

Monthly picture (illustrative)

Rent est.$2,332
− Mortgage (P&I)−$2,250
− Taxes−$429
− Insurance−$179
− HOA−$297
= Cash flow before vacancy & repairs$-822

The numbers

Price
$429,000
$ / sq ft
$179 ZIP median $251
Rent estimate
$2,332/mo HUD fair-market rent
Property taxes
$5,148/yr assumed 1.2% of price
PITIA (assumed)
$3,154/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $297/mo
Lender DSCR (est.)
0.74 rent ÷ PITIA · lender floor 1.20
Deal Score
27/100 28% under ZIP $/sqft · price cut 1%

The property

Beds / baths
3 / 3
Living area
2,390 sq ft
Lot
3,049 sq ft
Year built
2023
Property type
Townhouse
HOA
$297/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22095063
Listed
Apr 16, 2026
Days on market
172
Listing agent
Molly Lawless · F.C. Tucker Company - Keystone at the Crossing
3172596000 · mlawless@talktotucker.com
Price history
First asked $435,000 · previously $435,000 cut $6,000
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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.

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