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1score
New Construction
$298,895
MLS
Street view4312 Garden Trace Dr
Indianapolis IN 46268 · Single Family · built 2026
3 bd2.5 ba1,814 sqft$165/sqft vs ZIP $163 +1%
0.92 lender DSCR (est.)
Rent covers the estimated payment 0.92× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,915/mo (ZIP + bedroom comps) ÷ 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)
$298,895List price
$1,915Rent estimate / mo
0.92Lender DSCR (est.)
$3,587Taxes / yr · assumed 1.2%
$163ZIP median $ / sqft
1/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,915 |
| − Mortgage (P&I) | −$1,567 |
| − Taxes | −$299 |
| − Insurance | −$125 |
| − HOA | −$100 |
| = Cash flow before vacancy & repairs | $-176 |
The numbers
- Price
- $298,895
- $ / sq ft
- $165 ZIP median $163
- Rent estimate
- $1,915/mo ZIP + bedroom comps
- Property taxes
- $3,587/yr assumed 1.2% of price
- PITIA (assumed)
- $2,091/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $100/mo
- Lender DSCR (est.)
- 0.92 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 1/100
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,814 sq ft
- Lot
- 3,049 sq ft
- Year built
- 2026
- Property type
- Single Family
- HOA
- $100/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22126385
- Listed
- Sep 17, 2026
- Days on market
- 22
- Listing agent
- Erin M. Hundley · Compass of Indiana, LLC
3174300866 · erin.hundley@compass.com - Price history
- First asked $298,895
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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.