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13score
New↓ $5,525New Construction
$439,900
Triad
Street view5515 Flat Hill Dr
Indianapolis IN 46239 · Single Family
5 bd3.5 ba3,388 sqft$130/sqft vs ZIP $148 −12%
0.78 lender DSCR (est.)
Rent covers the estimated payment 0.78× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,284/mo (HUD fair-market rent) ÷ 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.
12% under ZIP $/sqftprice cut 1%
The underwriting
The numbers (estimates, illustrative)
$439,900List price
$2,284Rent estimate / mo
0.78Lender DSCR (est.)
$5,279Taxes / yr · assumed 1.2%
$148ZIP median $ / sqft
13/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,284 |
| − Mortgage (P&I) | −$2,307 |
| − Taxes | −$440 |
| − Insurance | −$183 |
| = Cash flow before vacancy & repairs | $-646 |
The numbers
- Price
- $439,900
- $ / sq ft
- $130 ZIP median $148
- Rent estimate
- $2,284/mo HUD fair-market rent
- Property taxes
- $5,279/yr assumed 1.2% of price
- PITIA (assumed)
- $2,930/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.78 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 13/100 12% under ZIP $/sqft · price cut 1%
The property
- Beds / baths
- 5 / 3.5
- Living area
- 3,388 sq ft
- Lot
- 0.1865 acres
- Year built
- —
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- —
- Listed
- Oct 10, 2026
- Days on market
- 47 relisted — counted from when we first saw it
- Listing agent
- Not on the feed — use the official listing link
- Price history
- First asked $445,425 · previously $445,425 cut $5,525
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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.