1 / 6
10score
New
$290,000
MLS
Street view4110 Switchgrass Way
Indianapolis IN 46237 · Single Family · built 2018
2 bd2 ba1,574 sqft$184/sqft vs ZIP $153 +20%
0.53 lender DSCR (est.)
Rent covers the estimated payment 0.53× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,200/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.
new this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$290,000List price
$1,200Rent estimate / mo
0.53Lender DSCR (est.)
$5,854Taxes / yr · county assessor
$153ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,200 |
| − Mortgage (P&I) | −$1,521 |
| − Taxes | −$488 |
| − Insurance | −$121 |
| − HOA | −$142 |
| = Cash flow before vacancy & repairs | $-1,071 |
The numbers
- Price
- $290,000
- $ / sq ft
- $184 ZIP median $153
- Rent estimate
- $1,200/mo ZIP + bedroom comps
- Property taxes
- $5,854/yr 2% cap on assessed value $292,700
- PITIA (assumed)
- $2,271/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $142/mo
- Lender DSCR (est.)
- 0.53 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 new this week · below assessed value
The property
- Beds / baths
- 2 / 2
- Living area
- 1,574 sq ft
- Lot
- 10,019 sq ft
- Year built
- 2018
- Property type
- Single Family
- HOA
- $142/mo
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22132301
- Listed
- Oct 25, 2026
- Days on market
- 7
- Listing agent
- Dorothy Carter · Highgarden Real Estate
3175123219 · dcarter@highgarden.com - Price history
- First asked $290,000
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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.