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21score
$397,000
MLS
Street view5241 Basin Park Dr
Indianapolis IN 46239 · Single Family · built 2009
5 bd3 ba3,296 sqft$120/sqft vs ZIP $148 −19%
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. $2,284/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.
19% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$397,000List price
$2,284Rent estimate / mo
0.78Lender DSCR (est.)
$7,952Taxes / yr · county assessor
$148ZIP median $ / sqft
21/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,284 |
| − Mortgage (P&I) | −$2,082 |
| − Taxes | −$663 |
| − Insurance | −$165 |
| − HOA | −$29 |
| = Cash flow before vacancy & repairs | $-655 |
The numbers
- Price
- $397,000
- $ / sq ft
- $120 ZIP median $148
- Rent estimate
- $2,284/mo HUD fair-market rent
- Property taxes
- $7,952/yr 2% cap on assessed value $397,600
- PITIA (assumed)
- $2,939/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $29/mo
- Lender DSCR (est.)
- 0.78 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 21/100 19% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 5 / 3
- Living area
- 3,296 sq ft
- Lot
- 7,405 sq ft
- Year built
- 2009
- Property type
- Single Family
- HOA
- $29/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22100786
- Listed
- May 14, 2026
- Days on market
- 142
- Listing agent
- Wayez Mall · Compass of Indiana, LLC
3174140276 · wayezmall.horizon@gmail.com - Price history
- First asked $397,000
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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.