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Street view of 4248 Stone Lake Dr
1 / 6
1score
↓ $5,000New Construction
$1,035,000
MLS Street view
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4248 Stone Lake Dr

Zionsville IN 46077 · Single Family · built 2025
4 bd3 ba2,950 sqft$351/sqft vs ZIP $251 +40%
0.41 lender DSCR (est.)
Rent covers the estimated payment 0.41× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,841/mo (HUD fair-market rent) ÷ 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.

price cut 0%
The underwriting

The numbers (estimates, illustrative)

$1,035,000List price
$2,841Rent estimate / mo
0.41Lender DSCR (est.)
$12,420Taxes / yr · assumed 1.2%
$251ZIP median $ / sqft
1/100Deal Score

Monthly picture (illustrative)

Rent est.$2,841
− Mortgage (P&I)−$5,428
− Taxes−$1,035
− Insurance−$431
− HOA−$94
= Cash flow before vacancy & repairs$-4,147

The numbers

Price
$1,035,000
$ / sq ft
$351 ZIP median $251
Rent estimate
$2,841/mo HUD fair-market rent
Property taxes
$12,420/yr assumed 1.2% of price
PITIA (assumed)
$6,988/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $94/mo
Lender DSCR (est.)
0.41 rent ÷ PITIA · lender floor 1.20
Deal Score
1/100 price cut 0%

The property

Beds / baths
4 / 3
Living area
2,950 sq ft
Lot
14,810 sq ft
Year built
2025
Property type
Single Family
HOA
$94/mo
Flood zone
X
Registered rental
No

The listing

Source
New Construction
MLS #
22022071
Listed
Mar 8, 2025
Days on market
576
Listing agent
Kourtney Cunningham · Berkshire Hathaway HomeServices Indiana Realty
3175223970 · mdeck@realestatelinks.com
Price history
First asked $1,040,000 · previously $1,040,000 cut $5,000
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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.

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