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21score
New
$380,000
MLS
Street view4726 Cherry Ln
Indianapolis IN 46228 · Single Family · built 1962
4 bd2 ba3,048 sqft$125/sqft vs ZIP $144 −13%
0.84 lender DSCR (est.)
Rent covers the estimated payment 0.84× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,350/mo (HUD fair-market rent) ÷ 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.
13% under ZIP $/sqftnew this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$380,000List price
$2,350Rent estimate / mo
0.84Lender DSCR (est.)
$7,648Taxes / yr · county assessor
$144ZIP median $ / sqft
21/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,350 |
| − Mortgage (P&I) | −$1,993 |
| − Taxes | −$637 |
| − Insurance | −$158 |
| = Cash flow before vacancy & repairs | $-438 |
The numbers
- Price
- $380,000
- $ / sq ft
- $125 ZIP median $144
- Rent estimate
- $2,350/mo HUD fair-market rent
- Property taxes
- $7,648/yr 2% cap on assessed value $382,400
- PITIA (assumed)
- $2,788/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.84 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 21/100 13% under ZIP $/sqft · new this week · below assessed value
The property
- Beds / baths
- 4 / 2
- Living area
- 3,048 sq ft
- Lot
- 25,700 sq ft
- Year built
- 1962
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22127749
- Listed
- Oct 5, 2026
- Days on market
- 3
- Listing agent
- Andrew Kirk · @properties
3172505264 · dkirk@atpropertiesind.com - Price history
- First asked $380,000
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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.