1 / 6
21score
↓ $15,000
$235,000
MLS
Street view5126 Carob Ct
Indianapolis IN 46237 · Single Family · built 1985
3 bd2 ba1,120 sqft$210/sqft vs ZIP $151 +39%
1.07 lender DSCR (est.)
Rent covers the estimated payment 1.07× · 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.
price cut 6%
The underwriting
The numbers (estimates, illustrative)
$235,000List price
$1,795Rent estimate / mo
1.07Lender DSCR (est.)
$4,240Taxes / yr · county assessor
$151ZIP median $ / sqft
21/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,795 |
| − Mortgage (P&I) | −$1,232 |
| − Taxes | −$353 |
| − Insurance | −$98 |
| = Cash flow before vacancy & repairs | $111 |
The numbers
- Price
- $235,000
- $ / sq ft
- $210 ZIP median $151
- Rent estimate
- $1,795/mo ZIP + bedroom comps
- Property taxes
- $4,240/yr 2% cap on assessed value $212,000
- PITIA (assumed)
- $1,684/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.07 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 21/100 price cut 6%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,120 sq ft
- Lot
- 16,117 sq ft
- Year built
- 1985
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- FLD
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22121672
- Listed
- Aug 31, 2026
- Days on market
- 47
- Listing agent
- Leslie Pittard · BluPrint Real Estate Group
3176974540 · lpittardperfectplacerealtor@gmail.com - Price history
- First asked $250,000 · previously $250,000 cut $15,000
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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.