Street view of 5582 Pillory Way
1 / 6
37score
$220,950
MLS Street view
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5582 Pillory Way

Indianapolis IN 46254 · Single Family · built 1996
3 bd2.5 ba2,008 sqft$110/sqft vs ZIP $152 −28%
1.05 lender DSCR (est.)
Rent covers the estimated payment 1.05× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,884/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.

27% under ZIP $/sqftbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$220,950List price
$1,884Rent estimate / mo
1.05Lender DSCR (est.)
$6,602Taxes / yr · county assessor
$152ZIP median $ / sqft
37/100Deal Score

Monthly picture (illustrative)

Rent est.$1,884
− Mortgage (P&I)−$1,159
− Taxes−$550
− Insurance−$92
= Cash flow before vacancy & repairs$83

The numbers

Price
$220,950
$ / sq ft
$110 ZIP median $152
Rent estimate
$1,884/mo ZIP + bedroom comps
Property taxes
$6,602/yr 2% cap on assessed value $330,100
PITIA (assumed)
$1,801/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.05 rent ÷ PITIA · lender floor 1.20
Deal Score
37/100 27% under ZIP $/sqft · below assessed value

The property

Beds / baths
3 / 2.5
Living area
2,008 sq ft
Lot
13,068 sq ft
Year built
1996
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22058624
Listed
Aug 24, 2025
Days on market
419
Listing agent
Steven Koleno · Beycome Brokerage Realty LLC
8046565007 · realtor@beycome.com
Price history
First asked $220,950
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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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