Street view of 5146 Triple Crown Way
1 / 6
17score
$340,000
MLS Street view
Search photos

5146 Triple Crown Way

Indianapolis IN 46237 · Single Family · built 2023
3 bd2.5 ba2,599 sqft$131/sqft vs ZIP $153 −14%
0.71 lender DSCR (est.)
Rent covers the estimated payment 0.71× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,820/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.

15% under ZIP $/sqftbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$340,000List price
$1,820Rent estimate / mo
0.71Lender DSCR (est.)
$6,956Taxes / yr · county assessor
$153ZIP median $ / sqft
17/100Deal Score

Monthly picture (illustrative)

Rent est.$1,820
− Mortgage (P&I)−$1,783
− Taxes−$580
− Insurance−$142
− HOA−$63
= Cash flow before vacancy & repairs$-747

The numbers

Price
$340,000
$ / sq ft
$131 ZIP median $153
Rent estimate
$1,820/mo ZIP + bedroom comps
Property taxes
$6,956/yr 2% cap on assessed value $347,800
PITIA (assumed)
$2,567/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $63/mo
Lender DSCR (est.)
0.71 rent ÷ PITIA · lender floor 1.20
Deal Score
17/100 15% under ZIP $/sqft · below assessed value

The property

Beds / baths
3 / 2.5
Living area
2,599 sq ft
Lot
4,792 sq ft
Year built
2023
Property type
Single Family
HOA
$63/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22125962
Listed
Sep 14, 2026
Days on market
19
Listing agent
Basim Najeeb · Keller Williams Indy Metro S
3176572442 · basimalw@yahoo.com
Price history
First asked $340,000
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad