Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
10score
↓ $20,000
$399,000
MLS
Street view5488 N German Church Rd
Indianapolis IN 46235 · Single Family · built 1989
4 bd2.5 ba1,904 sqft$210/sqft vs ZIP $138 +52%
0.77 lender DSCR (est.)
Rent covers the estimated payment 0.77× · walk-away floor 1.20 · high 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 from the county assessor. Assumptions as of 2026-09-12.
price cut 5%
The underwriting
The numbers (estimates, illustrative)
$399,000List price
$1,995Rent estimate / mo
0.77Lender DSCR (est.)
$4,022Taxes / yr · county assessor
$138ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,995 |
| − Mortgage (P&I) | −$2,092 |
| − Taxes | −$335 |
| − Insurance | −$166 |
| = Cash flow before vacancy & repairs | $-599 |
The numbers
- Price
- $399,000
- $ / sq ft
- $210 ZIP median $138
- Rent estimate
- $1,995/mo ZIP + bedroom comps
- Property taxes
- $4,022/yr 2% cap on assessed value $201,100
- PITIA (assumed)
- $2,594/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.77 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 5%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 1,904 sq ft
- Lot
- 82,328 sq ft
- Year built
- 1989
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- FLD
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22116386
- Listed
- Aug 6, 2026
- Days on market
- 58
- Listing agent
- Jennifer Butts · F.C. Tucker Company - East
3178910100 · jennifer.butts@talktotucker.com - Price history
- First asked $419,000 · previously $419,000 cut $20,000
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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.