Street view of 5061 W Legrande Ave
1 / 6
26score
$265,000
MLS Street view
Search photos

5061 W Legrande Ave

Indianapolis IN 46241 · Single Family · built 2001
4 bd2.5 ba2,122 sqft$125/sqft vs ZIP $157 −20%
1.05 lender DSCR (est.)
Rent covers the estimated payment 1.05× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,849/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.

20% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$265,000List price
$1,849Rent estimate / mo
1.05Lender DSCR (est.)
$3,180Taxes / yr · assumed 1.2%
$157ZIP median $ / sqft
26/100Deal Score

Monthly picture (illustrative)

Rent est.$1,849
− Mortgage (P&I)−$1,390
− Taxes−$265
− Insurance−$110
= Cash flow before vacancy & repairs$84

The numbers

Price
$265,000
$ / sq ft
$125 ZIP median $157
Rent estimate
$1,849/mo HUD fair-market rent
Property taxes
$3,180/yr assumed 1.2% of price
PITIA (assumed)
$1,765/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.05 rent ÷ PITIA · lender floor 1.20
Deal Score
26/100 20% under ZIP $/sqft

The property

Beds / baths
4 / 2.5
Living area
2,122 sq ft
Lot
10,454 sq ft
Year built
2001
Property type
Single Family
HOA
None on record
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22083241
Listed
Feb 10, 2026
Days on market
263
Listing agent
Michelle (Madariaga) Broughton · Trueblood Real Estate
3179959346 · michelleb@truebloodre.com
Price history
First asked $265,000
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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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