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16score
New
$324,900
MLS
Street view5431 Hammock Glen Dr
Indianapolis IN 46235 · Single Family · built 2004
4 bd2.5 ba2,732 sqft$119/sqft vs ZIP $136 −13%
0.91 lender DSCR (est.)
Rent covers the estimated payment 0.91× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,995/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
13% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$324,900List price
$1,995Rent estimate / mo
0.91Lender DSCR (est.)
$3,899Taxes / yr · assumed 1.2%
$136ZIP median $ / sqft
16/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,995 |
| − Mortgage (P&I) | −$1,704 |
| − Taxes | −$325 |
| − Insurance | −$135 |
| − HOA | −$37 |
| = Cash flow before vacancy & repairs | $-206 |
The numbers
- Price
- $324,900
- $ / sq ft
- $119 ZIP median $136
- Rent estimate
- $1,995/mo ZIP + bedroom comps
- Property taxes
- $3,899/yr assumed 1.2% of price
- PITIA (assumed)
- $2,201/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $37/mo
- Lender DSCR (est.)
- 0.91 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 16/100 13% under ZIP $/sqft · new this week
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,732 sq ft
- Lot
- 7,841 sq ft
- Year built
- 2004
- Property type
- Single Family
- HOA
- $37/mo
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22133804
- Listed
- Oct 30, 2026
- Days on market
- 3
- Listing agent
- Michele Snyder · M Realty Services
3177521003 · michele@michelesnyder.com - Price history
- First asked $324,900
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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.