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4score
$325,000
MLS
Street view4208 Springwood Trl
Indianapolis IN 46228 · Single Family · built 1959
3 bd2.5 ba2,352 sqft$138/sqft vs ZIP $144 −4%
0.91 lender DSCR (est.)
Rent covers the estimated payment 0.91× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,967/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
The underwriting
The numbers (estimates, illustrative)
$325,000List price
$1,967Rent estimate / mo
0.91Lender DSCR (est.)
$3,900Taxes / yr · assumed 1.2%
$144ZIP median $ / sqft
4/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,967 |
| − Mortgage (P&I) | −$1,704 |
| − Taxes | −$325 |
| − Insurance | −$135 |
| = Cash flow before vacancy & repairs | $-198 |
The numbers
- Price
- $325,000
- $ / sq ft
- $138 ZIP median $144
- Rent estimate
- $1,967/mo ZIP + bedroom comps
- Property taxes
- $3,900/yr assumed 1.2% of price
- PITIA (assumed)
- $2,165/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.91 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 4/100
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,352 sq ft
- Lot
- 22,651 sq ft
- Year built
- 1959
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22124768
- Listed
- Sep 11, 2026
- Days on market
- 22
- Listing agent
- Garrett Brooks · United Real Estate Indpls
3175236134 · garrett@indysagent.com - Price history
- First asked $325,000
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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.