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29score
$429,000
MLS
Street view4221 Southport Trace Dr
Indianapolis IN 46237 · Single Family · built 2004
5 bd2.5 ba3,995 sqft$107/sqft vs ZIP $151 −29%
0.68 lender DSCR (est.)
Rent covers the estimated payment 0.68× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,203/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.
29% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$429,000List price
$2,203Rent estimate / mo
0.68Lender DSCR (est.)
$9,400Taxes / yr · county assessor
$151ZIP median $ / sqft
29/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,203 |
| − Mortgage (P&I) | −$2,250 |
| − Taxes | −$783 |
| − Insurance | −$179 |
| − HOA | −$28 |
| = Cash flow before vacancy & repairs | $-1,037 |
The numbers
- Price
- $429,000
- $ / sq ft
- $107 ZIP median $151
- Rent estimate
- $2,203/mo HUD fair-market rent
- Property taxes
- $9,400/yr 2% cap on assessed value $470,000
- PITIA (assumed)
- $3,240/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $28/mo
- Lender DSCR (est.)
- 0.68 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 29/100 29% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 5 / 2.5
- Living area
- 3,995 sq ft
- Lot
- 10,890 sq ft
- Year built
- 2004
- Property type
- Single Family
- HOA
- $28/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22120207
- Listed
- Aug 17, 2026
- Days on market
- 47
- Listing agent
- Monica Lian · CrossRoads Link Realty
3175035844 · palungrealestate@yahoo.com - Price history
- First asked $429,000
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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.