Street view of 5303 Traditions Dr
1 / 6
80score
New
$80,000
MLS Street view
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5303 Traditions Dr

Indianapolis IN 46235 · Single Family · built 1992
2 bd1 ba884 sqft$90/sqft vs ZIP $141 −36%
1.65 lender DSCR (est.)
Rent covers the estimated payment 1.65× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,065/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.

DSCR 1.6536% under ZIP $/sqftnew this weekbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$80,000List price
$1,065Rent estimate / mo
1.65Lender DSCR (est.)
$2,334Taxes / yr · county assessor
$141ZIP median $ / sqft
80/100Deal Score

Monthly picture (illustrative)

Rent est.$1,065
− Mortgage (P&I)−$420
− Taxes−$195
− Insurance−$33
= Cash flow before vacancy & repairs$418

The numbers

Price
$80,000
$ / sq ft
$90 ZIP median $141
Rent estimate
$1,065/mo HUD fair-market rent
Property taxes
$2,334/yr 2% cap on assessed value $116,700
PITIA (assumed)
$647/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.65 rent ÷ PITIA · lender floor 1.20
Deal Score
80/100 DSCR 1.65 · 36% under ZIP $/sqft · new this week · below assessed value

The property

Beds / baths
2 / 1
Living area
884 sq ft
Lot
4,792 sq ft
Year built
1992
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22128681
Listed
Sep 29, 2026
Days on market
3
Listing agent
Peter Stewart · Keller Williams Indpls Metro N
3174509202 · peter@peterstewartrealty.com
Price history
First asked $80,000
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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.

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