Street view of 5619 Forest Rise Ct
1 / 6
13score
New
$305,000
MLS Street view
Search photos

5619 Forest Rise Ct

Indianapolis IN 46203 · Single Family · built 1998
4 bd2.5 ba1,850 sqft$165/sqft vs ZIP $167 −1%
1.01 lender DSCR (est.)
Rent covers the estimated payment 1.01× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $2,250/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.

new this week
The underwriting

The numbers (estimates, illustrative)

$305,000List price
$2,250Rent estimate / mo
1.01Lender DSCR (est.)
$6,028Taxes / yr · county assessor
$167ZIP median $ / sqft
13/100Deal Score

Monthly picture (illustrative)

Rent est.$2,250
− Mortgage (P&I)−$1,599
− Taxes−$502
− Insurance−$127
= Cash flow before vacancy & repairs$21

The numbers

Price
$305,000
$ / sq ft
$165 ZIP median $167
Rent estimate
$2,250/mo ZIP + bedroom comps
Property taxes
$6,028/yr 2% cap on assessed value $301,400
PITIA (assumed)
$2,229/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.01 rent ÷ PITIA · lender floor 1.20
Deal Score
13/100 new this week

The property

Beds / baths
4 / 2.5
Living area
1,850 sq ft
Lot
7,405 sq ft
Year built
1998
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22131261
Listed
Oct 13, 2026
Days on market
2
Listing agent
Mark Studebaker · Trueblood Real Estate
3177163087 · studemark@aol.com
Price history
First asked $305,000
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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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