1 / 6
24score
↓ $25,000
$300,000
MLS
Street view3923 Planewood Dr
Indianapolis IN 46235 · Single Family · built 2006
5 bd3.5 ba2,620 sqft$115/sqft vs ZIP $138 −17%
0.77 lender DSCR (est.)
Rent covers the estimated payment 0.77× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,670/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 $/sqftprice cut 8%
The underwriting
The numbers (estimates, illustrative)
$300,000List price
$1,670Rent estimate / mo
0.77Lender DSCR (est.)
$5,218Taxes / yr · county assessor
$138ZIP median $ / sqft
24/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,670 |
| − Mortgage (P&I) | −$1,573 |
| − Taxes | −$435 |
| − Insurance | −$125 |
| − HOA | −$25 |
| = Cash flow before vacancy & repairs | $-488 |
The numbers
- Price
- $300,000
- $ / sq ft
- $115 ZIP median $138
- Rent estimate
- $1,670/mo HUD fair-market rent
- Property taxes
- $5,218/yr 2% cap on assessed value $260,900
- PITIA (assumed)
- $2,158/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $25/mo
- Lender DSCR (est.)
- 0.77 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 24/100 17% under ZIP $/sqft · price cut 8%
The property
- Beds / baths
- 5 / 3.5
- Living area
- 2,620 sq ft
- Lot
- 8,276 sq ft
- Year built
- 2006
- Property type
- Single Family
- HOA
- $25/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22119247
- Listed
- Aug 14, 2026
- Days on market
- 64
- Listing agent
- Holly Pepmeier · F.C. Tucker Company - Fishers/Geist
3177477317 · holly.pepmeier@talktotucker.com - Price history
- First asked $325,000 · previously $325,000 cut $25,000
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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.