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3score
$282,000
MLS
Street view428 David Ln
Indianapolis IN 46227 · Single Family · built 1957
3 bd2 ba1,809 sqft$156/sqft vs ZIP $161 −3%
0.88 lender DSCR (est.)
Rent covers the estimated payment 0.88× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,710/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.
The underwriting
The numbers (estimates, illustrative)
$282,000List price
$1,710Rent estimate / mo
0.88Lender DSCR (est.)
$4,080Taxes / yr · county assessor
$161ZIP median $ / sqft
3/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,710 |
| − Mortgage (P&I) | −$1,479 |
| − Taxes | −$340 |
| − Insurance | −$118 |
| = Cash flow before vacancy & repairs | $-226 |
The numbers
- Price
- $282,000
- $ / sq ft
- $156 ZIP median $161
- Rent estimate
- $1,710/mo ZIP + bedroom comps
- Property taxes
- $4,080/yr 2% cap on assessed value $204,000
- PITIA (assumed)
- $1,936/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.88 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 3/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,809 sq ft
- Lot
- 17,424 sq ft
- Year built
- 1957
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22118830
- Listed
- Aug 8, 2026
- Days on market
- 55
- Listing agent
- Antwan Minor-smith · Harrison House Real Estate Ser
3175011641 · antwan0821@gmail.com - Price history
- First asked $282,000
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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.