Last confirmed active 19 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
Street view of 5455 Leone Dr
1 / 6
30score
$340,000
MLS Street view
Search photos

5455 Leone Dr

Indianapolis IN 46226 · Single Family · built 1967
5 bd2.5 ba4,485 sqft$76/sqft vs ZIP $124 −39%
0.70 lender DSCR (est.)
Rent covers the estimated payment 0.70× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,832/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.

39% under ZIP $/sqftbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$340,000List price
$1,832Rent estimate / mo
0.70Lender DSCR (est.)
$8,382Taxes / yr · county assessor
$124ZIP median $ / sqft
30/100Deal Score

Monthly picture (illustrative)

Rent est.$1,832
− Mortgage (P&I)−$1,783
− Taxes−$699
− Insurance−$142
= Cash flow before vacancy & repairs$-791

The numbers

Price
$340,000
$ / sq ft
$76 ZIP median $124
Rent estimate
$1,832/mo HUD fair-market rent
Property taxes
$8,382/yr 2% cap on assessed value $419,100
PITIA (assumed)
$2,623/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.70 rent ÷ PITIA · lender floor 1.20
Deal Score
30/100 39% under ZIP $/sqft · below assessed value

The property

Beds / baths
5 / 2.5
Living area
4,485 sq ft
Lot
17,860 sq ft
Year built
1967
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22112752
Listed
Jul 8, 2026
Days on market
87
Listing agent
Latoya Dix · Dix Realty Group
3178735554 · ldix@callcarpenter.com
Price history
First asked $340,000
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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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