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35score
New
$259,900
MLS
Street view3714 Carroll Farms Dr
Indianapolis IN 46235 · Single Family · built 2007
4 bd2.5 ba2,280 sqft$114/sqft vs ZIP $141 −19%
1.04 lender DSCR (est.)
Rent covers the estimated payment 1.04× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,000/mo (ZIP + bedroom comps) ÷ 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.
19% under ZIP $/sqftnew this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$259,900List price
$2,000Rent estimate / mo
1.04Lender DSCR (est.)
$5,220Taxes / yr · county assessor
$141ZIP median $ / sqft
35/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,000 |
| − Mortgage (P&I) | −$1,363 |
| − Taxes | −$435 |
| − Insurance | −$108 |
| − HOA | −$17 |
| = Cash flow before vacancy & repairs | $77 |
The numbers
- Price
- $259,900
- $ / sq ft
- $114 ZIP median $141
- Rent estimate
- $2,000/mo ZIP + bedroom comps
- Property taxes
- $5,220/yr 2% cap on assessed value $261,000
- PITIA (assumed)
- $1,923/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $17/mo
- Lender DSCR (est.)
- 1.04 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 35/100 19% under ZIP $/sqft · new this week · below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,280 sq ft
- Lot
- 7,405 sq ft
- Year built
- 2007
- Property type
- Single Family
- HOA
- $17/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22110860
- Listed
- Sep 30, 2026
- Days on market
- 3
- Listing agent
- Tamela Howard · Keller Williams Indy Metro W
3174469704 · tammyhoward51677@gmail.com - Price history
- First asked $259,900
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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.