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
Street view of 5115 Triple Crown Way
1 / 6
22score
↓ $5,000
$334,000
MLS Street view
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5115 Triple Crown Way

Indianapolis IN 46237 · Single Family · built 2022
3 bd2.5 ba2,655 sqft$126/sqft vs ZIP $151 −17%
0.70 lender DSCR (est.)
Rent covers the estimated payment 0.70× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,795/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.

17% under ZIP $/sqftprice cut 1%below assessed value
The underwriting

The numbers (estimates, illustrative)

$334,000List price
$1,795Rent estimate / mo
0.70Lender DSCR (est.)
$7,284Taxes / yr · county assessor
$151ZIP median $ / sqft
22/100Deal Score

Monthly picture (illustrative)

Rent est.$1,795
− Mortgage (P&I)−$1,752
− Taxes−$607
− Insurance−$139
− HOA−$63
= Cash flow before vacancy & repairs$-766

The numbers

Price
$334,000
$ / sq ft
$126 ZIP median $151
Rent estimate
$1,795/mo ZIP + bedroom comps
Property taxes
$7,284/yr 2% cap on assessed value $364,200
PITIA (assumed)
$2,561/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $63/mo
Lender DSCR (est.)
0.70 rent ÷ PITIA · lender floor 1.20
Deal Score
22/100 17% under ZIP $/sqft · price cut 1% · below assessed value

The property

Beds / baths
3 / 2.5
Living area
2,655 sq ft
Lot
6,098 sq ft
Year built
2022
Property type
Single Family
HOA
$63/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22111116
Listed
Jul 1, 2026
Days on market
94
Listing agent
Pau Suan · CENTURY 21 Scheetz
6162777266 · pausuan@bhhsmi.com
Price history
First asked $339,000 · previously $339,000 cut $5,000
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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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