Street view of 4404 Westbourne Dr
1 / 6
34score
↓ $17,500
$287,500
MLS Street view
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4404 Westbourne Dr

Indianapolis IN 46205 · Single Family · built 1982
3 bd2 ba2,424 sqft$119/sqft vs ZIP $165 −28%
0.88 lender DSCR (est.)
Rent covers the estimated payment 0.88× · walk-away floor 1.20 · high 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.

28% under ZIP $/sqftprice cut 6%
The underwriting

The numbers (estimates, illustrative)

$287,500List price
$1,710Rent estimate / mo
0.88Lender DSCR (est.)
$3,846Taxes / yr · county assessor
$165ZIP median $ / sqft
34/100Deal Score

Monthly picture (illustrative)

Rent est.$1,710
− Mortgage (P&I)−$1,508
− Taxes−$321
− Insurance−$120
= Cash flow before vacancy & repairs$-238

The numbers

Price
$287,500
$ / sq ft
$119 ZIP median $165
Rent estimate
$1,710/mo ZIP + bedroom comps
Property taxes
$3,846/yr 2% cap on assessed value $192,300
PITIA (assumed)
$1,948/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
34/100 28% under ZIP $/sqft · price cut 6%

The property

Beds / baths
3 / 2
Living area
2,424 sq ft
Lot
22,216 sq ft
Year built
1982
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22118053
Listed
Aug 25, 2026
Days on market
53
Listing agent
Stacey Brown · Keller Williams Indy Metro Ne
3175299739 · sbrown@callcarpenter.com
Price history
First asked $305,000 · previously $305,000 cut $17,500
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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.

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