Street view of 5001 Falcon Grove Dr
1 / 6
32score
New
$202,000
MLS Street view
Search photos

5001 Falcon Grove Dr

Indianapolis IN 46254 · Single Family · built 1992
3 bd2 ba1,406 sqft$144/sqft vs ZIP $151 −5%
1.18 lender DSCR (est.)
Rent covers the estimated payment 1.18× · 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.

new this weekbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$202,000List price
$1,850Rent estimate / mo
1.18Lender DSCR (est.)
$5,068Taxes / yr · county assessor
$151ZIP median $ / sqft
32/100Deal Score

Monthly picture (illustrative)

Rent est.$1,850
− Mortgage (P&I)−$1,059
− Taxes−$422
− Insurance−$84
= Cash flow before vacancy & repairs$284

The numbers

Price
$202,000
$ / sq ft
$144 ZIP median $151
Rent estimate
$1,850/mo ZIP + bedroom comps
Property taxes
$5,068/yr 2% cap on assessed value $253,400
PITIA (assumed)
$1,566/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.18 rent ÷ PITIA · lender floor 1.20
Deal Score
32/100 new this week · below assessed value

The property

Beds / baths
3 / 2
Living area
1,406 sq ft
Lot
9,583 sq ft
Year built
1992
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22130690
Listed
Oct 11, 2026
Days on market
4
Listing agent
Tyrone Murphy · Hall & Russell Real Estate Group
3177895660 · tyemurphy1@gmail.com
Price history
First asked $202,000
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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.

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