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17score
↓ $2,500
$342,500
MLS
Street view5228 Deer Creek Dr
Indianapolis IN 46254 · Single Family · built 1992
4 bd2.5 ba2,762 sqft$124/sqft vs ZIP $152 −18%
0.90 lender DSCR (est.)
Rent covers the estimated payment 0.90× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,260/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.
18% under ZIP $/sqftprice cut 1%
The underwriting
The numbers (estimates, illustrative)
$342,500List price
$2,260Rent estimate / mo
0.90Lender DSCR (est.)
$6,508Taxes / yr · county assessor
$152ZIP median $ / sqft
17/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,260 |
| − Mortgage (P&I) | −$1,796 |
| − Taxes | −$542 |
| − Insurance | −$143 |
| − HOA | −$32 |
| = Cash flow before vacancy & repairs | $-253 |
The numbers
- Price
- $342,500
- $ / sq ft
- $124 ZIP median $152
- Rent estimate
- $2,260/mo ZIP + bedroom comps
- Property taxes
- $6,508/yr 2% cap on assessed value $325,400
- PITIA (assumed)
- $2,513/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $32/mo
- Lender DSCR (est.)
- 0.90 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 17/100 18% under ZIP $/sqft · price cut 1%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,762 sq ft
- Lot
- 10,019 sq ft
- Year built
- 1992
- Property type
- Single Family
- HOA
- $32/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22108132
- Listed
- Jun 18, 2026
- Days on market
- 107
- Listing agent
- Amanda Bick · Keller Williams Indy Metro Ne
3178284089 · amanda.bick@kw.com - Price history
- First asked $345,000 · previously $345,000 cut $2,500
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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.