1 / 6
15score
New↓ $25,000New Construction
$289,990
Triad
Street view5538 Aspen Wood Ln
Indianapolis IN 46239 · Multi-Family · built 2026
3 bd2 ba1,716 sqft$169/sqft vs ZIP $148 +14%
0.97 lender DSCR (est.)
Rent covers the estimated payment 0.97× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,883/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.
price cut 9%
The underwriting
The numbers (estimates, illustrative)
$289,990List price
$1,883Rent estimate / mo
0.97Lender DSCR (est.)
$3,480Taxes / yr · assumed 1.2%
$148ZIP median $ / sqft
15/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,883 |
| − Mortgage (P&I) | −$1,521 |
| − Taxes | −$290 |
| − Insurance | −$121 |
| = Cash flow before vacancy & repairs | $-49 |
The numbers
- Price
- $289,990
- $ / sq ft
- $169 ZIP median $148
- Rent estimate
- $1,883/mo ZIP + bedroom comps
- Property taxes
- $3,480/yr assumed 1.2% of price
- PITIA (assumed)
- $1,932/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.97 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 15/100 price cut 9%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,716 sq ft
- Lot
- 0.392 acres
- Year built
- 2026
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- —
- Listed
- Oct 14, 2026
- Days on market
- 46 relisted — counted from when we first saw it
- Listing agent
- Not on the feed — use the official listing link
- Price history
- First asked $314,990 · previously $294,990 cut $25,000
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.