1 / 6
0score
$400,000
MLS
Street view5139 Cartland Dr
Indianapolis IN 46239 · Single Family · built 2025
5 bd3 ba2,600 sqft$154/sqft vs ZIP $152 +1%
0.78 lender DSCR (est.)
Rent covers the estimated payment 0.78× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,301/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.
The underwriting
The numbers (estimates, illustrative)
$400,000List price
$2,301Rent estimate / mo
0.78Lender DSCR (est.)
$7,670Taxes / yr · county assessor
$152ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,301 |
| − Mortgage (P&I) | −$2,098 |
| − Taxes | −$639 |
| − Insurance | −$167 |
| − HOA | −$33 |
| = Cash flow before vacancy & repairs | $-635 |
The numbers
- Price
- $400,000
- $ / sq ft
- $154 ZIP median $152
- Rent estimate
- $2,301/mo HUD fair-market rent
- Property taxes
- $7,670/yr 2% cap on assessed value $383,500
- PITIA (assumed)
- $2,936/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $33/mo
- Lender DSCR (est.)
- 0.78 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 5 / 3
- Living area
- 2,600 sq ft
- Lot
- 8,276 sq ft
- Year built
- 2025
- Property type
- Single Family
- HOA
- $33/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22124673
- Listed
- Sep 9, 2026
- Days on market
- 24
- Listing agent
- Jimmy Pierre Louis · F.C. Tucker Company - Fishers/Geist
3172859595 · jimmy.pierrelouis@talktotucker.com - Price history
- First asked $400,000
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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.