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5score
$329,000
MLS
Street view4789 Summit Lake Pl
Indianapolis IN 46239 · Single Family · built 2010
4 bd2.5 ba2,308 sqft$143/sqft vs ZIP $152 −6%
0.87 lender DSCR (est.)
Rent covers the estimated payment 0.87× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,100/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)
$329,000List price
$2,100Rent estimate / mo
0.87Lender DSCR (est.)
$6,038Taxes / yr · county assessor
$152ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,100 |
| − Mortgage (P&I) | −$1,725 |
| − Taxes | −$503 |
| − Insurance | −$137 |
| − HOA | −$51 |
| = Cash flow before vacancy & repairs | $-317 |
The numbers
- Price
- $329,000
- $ / sq ft
- $143 ZIP median $152
- Rent estimate
- $2,100/mo ZIP + bedroom comps
- Property taxes
- $6,038/yr 2% cap on assessed value $301,900
- PITIA (assumed)
- $2,417/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $51/mo
- Lender DSCR (est.)
- 0.87 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,308 sq ft
- Lot
- 9,148 sq ft
- Year built
- 2010
- Property type
- Single Family
- HOA
- $51/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123485
- Listed
- Sep 8, 2026
- Days on market
- 25
- Listing agent
- Katie Malott · Berkshire Hathaway HomeServices Indiana Realty
7652258901 · katiemalott@gmail.com - Price history
- First asked $329,000
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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.