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14score
$530,000
MLS
Street view355 Connecticut Cir
Indianapolis IN 46217 · Single Family · built 2002
5 bd3.5 ba3,947 sqft$134/sqft vs ZIP $161 −17%
0.59 lender DSCR (est.)
Rent covers the estimated payment 0.59× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,301/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.
17% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$530,000List price
$2,301Rent estimate / mo
0.59Lender DSCR (est.)
$10,330Taxes / yr · county assessor
$161ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,301 |
| − Mortgage (P&I) | −$2,779 |
| − Taxes | −$861 |
| − Insurance | −$221 |
| − HOA | −$35 |
| = Cash flow before vacancy & repairs | $-1,595 |
The numbers
- Price
- $530,000
- $ / sq ft
- $134 ZIP median $161
- Rent estimate
- $2,301/mo HUD fair-market rent
- Property taxes
- $10,330/yr 2% cap on assessed value $516,500
- PITIA (assumed)
- $3,896/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $35/mo
- Lender DSCR (est.)
- 0.59 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100 17% under ZIP $/sqft
The property
- Beds / baths
- 5 / 3.5
- Living area
- 3,947 sq ft
- Lot
- 14,375 sq ft
- Year built
- 2002
- Property type
- Single Family
- HOA
- $35/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22122849
- Listed
- Sep 17, 2026
- Days on market
- 16
- Listing agent
- Michelle Mcknight · Carpenter Realtors, South Meridian
3174400311 · southmeridian@callcarpenter.com - Price history
- First asked $530,000
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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.