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22score
$345,000
MLS
Street view541 Ironridge Ct
Indianapolis IN 46239 · Single Family · built 2000
3 bd3 ba2,855 sqft$121/sqft vs ZIP $152 −20%
0.76 lender DSCR (est.)
Rent covers the estimated payment 0.76× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,960/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.
20% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$345,000List price
$1,960Rent estimate / mo
0.76Lender DSCR (est.)
$7,186Taxes / yr · county assessor
$152ZIP median $ / sqft
22/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,960 |
| − Mortgage (P&I) | −$1,809 |
| − Taxes | −$599 |
| − Insurance | −$144 |
| − HOA | −$21 |
| = Cash flow before vacancy & repairs | $-613 |
The numbers
- Price
- $345,000
- $ / sq ft
- $121 ZIP median $152
- Rent estimate
- $1,960/mo ZIP + bedroom comps
- Property taxes
- $7,186/yr 2% cap on assessed value $359,300
- PITIA (assumed)
- $2,573/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $21/mo
- Lender DSCR (est.)
- 0.76 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 22/100 20% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 3 / 3
- Living area
- 2,855 sq ft
- Lot
- 13,939 sq ft
- Year built
- 2000
- Property type
- Single Family
- HOA
- $21/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22122437
- Listed
- Sep 3, 2026
- Days on market
- 30
- Listing agent
- Becky Gluff · Keller Williams Indy Metro S
3175000855 · beckygrealestate@gmail.com - Price history
- First asked $345,000
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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.