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28score
$224,999
MLS
Street view4617 Falcon Run Way
Indianapolis IN 46254 · Single Family · built 2000
3 bd2.5 ba1,698 sqft$133/sqft vs ZIP $155 −15%
1.15 lender DSCR (est.)
Rent covers the estimated payment 1.15× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,850/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.
14% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$224,999List price
$1,850Rent estimate / mo
1.15Lender DSCR (est.)
$3,968Taxes / yr · county assessor
$155ZIP median $ / sqft
28/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,850 |
| − Mortgage (P&I) | −$1,180 |
| − Taxes | −$331 |
| − Insurance | −$94 |
| = Cash flow before vacancy & repairs | $246 |
The numbers
- Price
- $224,999
- $ / sq ft
- $133 ZIP median $155
- Rent estimate
- $1,850/mo ZIP + bedroom comps
- Property taxes
- $3,968/yr 2% cap on assessed value $198,400
- PITIA (assumed)
- $1,604/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.15 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 28/100 14% under ZIP $/sqft
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,698 sq ft
- Lot
- 871 sq ft
- Year built
- 2000
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22127263
- Listed
- Sep 21, 2026
- Days on market
- 11
- Listing agent
- George Roper · Cornerstone REI Group LLC
3179560413 · malikzhane@gmail.com - Price history
- First asked $224,999
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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.