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4score
$287,500
MLS
Street view427 Raines St
Plainfield IN 46168 · Single Family · built 1948
3 bd1.5 ba1,396 sqft$206/sqft vs ZIP $177 +16%
0.96 lender DSCR (est.)
Rent covers the estimated payment 0.96× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,837/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.
The underwriting
The numbers (estimates, illustrative)
$287,500List price
$1,837Rent estimate / mo
0.96Lender DSCR (est.)
$3,450Taxes / yr · assumed 1.2%
$177ZIP median $ / sqft
4/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,837 |
| − Mortgage (P&I) | −$1,508 |
| − Taxes | −$288 |
| − Insurance | −$120 |
| = Cash flow before vacancy & repairs | $-78 |
The numbers
- Price
- $287,500
- $ / sq ft
- $206 ZIP median $177
- Rent estimate
- $1,837/mo HUD fair-market rent
- Property taxes
- $3,450/yr assumed 1.2% of price
- PITIA (assumed)
- $1,915/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.96 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 4/100
The property
- Beds / baths
- 3 / 1.5
- Living area
- 1,396 sq ft
- Lot
- 7,841 sq ft
- Year built
- 1948
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22117397
- Listed
- Jul 31, 2026
- Days on market
- 66
- Listing agent
- Kevin Fish · Go Fish Realty
3178587653 · gofish@mibor.net - Price history
- First asked $287,500
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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.