Street view of 411 Gimber Ct
1 / 6
66score
↓ $15,000
$284,900
MLS Street view
Search photos

411 Gimber Ct

Indianapolis IN 46225 · Single Family · built 1974
4 bd2 ba2,604 sqft$109/sqft vs ZIP $148 −26%
1.43 lender DSCR (est.)
Rent covers the estimated payment 1.43× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,650/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.

DSCR 1.4326% under ZIP $/sqftprice cut 5%
The underwriting

The numbers (estimates, illustrative)

$284,900List price
$2,650Rent estimate / mo
1.43Lender DSCR (est.)
$2,892Taxes / yr · county assessor
$148ZIP median $ / sqft
66/100Deal Score

Monthly picture (illustrative)

Rent est.$2,650
− Mortgage (P&I)−$1,494
− Taxes−$241
− Insurance−$119
= Cash flow before vacancy & repairs$796

The numbers

Price
$284,900
$ / sq ft
$109 ZIP median $148
Rent estimate
$2,650/mo ZIP + bedroom comps
Property taxes
$2,892/yr 2% cap on assessed value $144,600
PITIA (assumed)
$1,854/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.43 rent ÷ PITIA · lender floor 1.20
Deal Score
66/100 DSCR 1.43 · 26% under ZIP $/sqft · price cut 5%

The property

Beds / baths
4 / 2
Living area
2,604 sq ft
Lot
6,534 sq ft
Year built
1974
Property type
Single Family
HOA
None on record
Flood zone
100
Registered rental
No

The listing

Source
Standard
MLS #
22130141
Listed
Oct 7, 2026
Days on market
10
Listing agent
Liz Ewbank · Highgarden Real Estate
3172587019 · lewbank@highgarden.com
Price history
First asked $299,900 · previously $289,900 cut $15,000
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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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