Last confirmed active 19 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
28score
↓ $7,599
$349,900
MLS
Street view4804 Spring Flower Ct
Indianapolis IN 46237 · Single Family · built 2000
5 bd3 ba3,218 sqft$109/sqft vs ZIP $151 −28%
0.85 lender DSCR (est.)
Rent covers the estimated payment 0.85× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,203/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.
28% under ZIP $/sqftprice cut 2%
The underwriting
The numbers (estimates, illustrative)
$349,900List price
$2,203Rent estimate / mo
0.85Lender DSCR (est.)
$6,946Taxes / yr · county assessor
$151ZIP median $ / sqft
28/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,203 |
| − Mortgage (P&I) | −$1,835 |
| − Taxes | −$579 |
| − Insurance | −$146 |
| − HOA | −$30 |
| = Cash flow before vacancy & repairs | $-387 |
The numbers
- Price
- $349,900
- $ / sq ft
- $109 ZIP median $151
- Rent estimate
- $2,203/mo HUD fair-market rent
- Property taxes
- $6,946/yr 2% cap on assessed value $347,300
- PITIA (assumed)
- $2,590/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $30/mo
- Lender DSCR (est.)
- 0.85 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 28/100 28% under ZIP $/sqft · price cut 2%
The property
- Beds / baths
- 5 / 3
- Living area
- 3,218 sq ft
- Lot
- 10,019 sq ft
- Year built
- 2000
- Property type
- Single Family
- HOA
- $30/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22115302
- Listed
- Aug 5, 2026
- Days on market
- 59
- Listing agent
- Pembroke Cornelius · Ever Real Estate, LLC
3174748310 · wacornel@yahoo.com - Price history
- First asked $357,499 · previously $357,499 cut $7,599
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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.