Last confirmed active 19 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
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13score
$324,900
MLS
Street view4220 Ballybay Ln
Indianapolis IN 46239 · Single Family · built 2007
5 bd2.5 ba2,473 sqft$131/sqft vs ZIP $148 −11%
0.95 lender DSCR (est.)
Rent covers the estimated payment 0.95× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,284/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.
11% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$324,900List price
$2,284Rent estimate / mo
0.95Lender DSCR (est.)
$6,044Taxes / yr · county assessor
$148ZIP median $ / sqft
13/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,284 |
| − Mortgage (P&I) | −$1,704 |
| − Taxes | −$504 |
| − Insurance | −$135 |
| − HOA | −$54 |
| = Cash flow before vacancy & repairs | $-113 |
The numbers
- Price
- $324,900
- $ / sq ft
- $131 ZIP median $148
- Rent estimate
- $2,284/mo HUD fair-market rent
- Property taxes
- $6,044/yr 2% cap on assessed value $302,200
- PITIA (assumed)
- $2,397/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $54/mo
- Lender DSCR (est.)
- 0.95 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 13/100 11% under ZIP $/sqft
The property
- Beds / baths
- 5 / 2.5
- Living area
- 2,473 sq ft
- Lot
- 7,405 sq ft
- Year built
- 2007
- Property type
- Single Family
- HOA
- $54/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22113458
- Listed
- Jul 11, 2026
- Days on market
- 84
- Listing agent
- Arjun Dhital ( Aj) · Serving You Realty
3173634028 · ajdhital@gmail.com - Price history
- First asked $324,900
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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.