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6score
$385,000
MLS
Street view422 Sanders St
Indianapolis IN 46225 · Single Family · built 2018
4 bd3.5 ba2,408 sqft$160/sqft vs ZIP $148 +8%
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. $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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$385,000List price
$2,650Rent estimate / mo
0.91Lender DSCR (est.)
$8,664Taxes / yr · county assessor
$148ZIP median $ / sqft
6/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,650 |
| − Mortgage (P&I) | −$2,019 |
| − Taxes | −$722 |
| − Insurance | −$160 |
| = Cash flow before vacancy & repairs | $-251 |
The numbers
- Price
- $385,000
- $ / sq ft
- $160 ZIP median $148
- Rent estimate
- $2,650/mo ZIP + bedroom comps
- Property taxes
- $8,664/yr 2% cap on assessed value $433,200
- PITIA (assumed)
- $2,901/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
- 6/100 below assessed value
The property
- Beds / baths
- 4 / 3.5
- Living area
- 2,408 sq ft
- Lot
- 4,792 sq ft
- Year built
- 2018
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22074432
- Listed
- Nov 21, 2025
- Days on market
- 316
- Listing agent
- Thomas Weaver · Trueblood Real Estate
3172885148 · jim@truebloodre.com - Price history
- First asked $385,000
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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.