1 / 6
10score
↓ $16,000
$299,000
MLS
Street view3409 Mclaughlin St
Indianapolis IN 46227 · Single Family · built 1959
4 bd1.5 ba1,530 sqft$195/sqft vs ZIP $156 +25%
0.85 lender DSCR (est.)
Rent covers the estimated payment 0.85× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,700/mo (ZIP + bedroom comps) ÷ 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.
price cut 5%
The underwriting
The numbers (estimates, illustrative)
$299,000List price
$1,700Rent estimate / mo
0.85Lender DSCR (est.)
$3,588Taxes / yr · assumed 1.2%
$156ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,700 |
| − Mortgage (P&I) | −$1,568 |
| − Taxes | −$299 |
| − Insurance | −$125 |
| = Cash flow before vacancy & repairs | $-292 |
The numbers
- Price
- $299,000
- $ / sq ft
- $195 ZIP median $156
- Rent estimate
- $1,700/mo ZIP + bedroom comps
- Property taxes
- $3,588/yr assumed 1.2% of price
- PITIA (assumed)
- $1,992/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.85 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 5%
The property
- Beds / baths
- 4 / 1.5
- Living area
- 1,530 sq ft
- Lot
- 30,492 sq ft
- Year built
- 1959
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22120827
- Listed
- Aug 22, 2026
- Days on market
- 56
- Listing agent
- Corina Jones · Your Home Team
3172817996 · corina@yourhometeam4life.com - Price history
- First asked $315,000 · previously $304,950 cut $16,000
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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.