Street view of 5631 Yucatan Dr
1 / 6
40score
$274,900
MLS Street view
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5631 Yucatan Dr

Indianapolis IN 46237 · Single Family · built 1979
6 bd2 ba2,652 sqft$104/sqft vs ZIP $151 −31%
1.05 lender DSCR (est.)
Rent covers the estimated payment 1.05× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,203/mo (HUD fair-market rent) ÷ 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.

32% under ZIP $/sqftbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$274,900List price
$2,203Rent estimate / mo
1.05Lender DSCR (est.)
$6,524Taxes / yr · county assessor
$151ZIP median $ / sqft
40/100Deal Score

Monthly picture (illustrative)

Rent est.$2,203
− Mortgage (P&I)−$1,442
− Taxes−$544
− Insurance−$115
= Cash flow before vacancy & repairs$103

The numbers

Price
$274,900
$ / sq ft
$104 ZIP median $151
Rent estimate
$2,203/mo HUD fair-market rent
Property taxes
$6,524/yr 2% cap on assessed value $326,200
PITIA (assumed)
$2,100/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
40/100 32% under ZIP $/sqft · below assessed value

The property

Beds / baths
6 / 2
Living area
2,652 sq ft
Lot
6,534 sq ft
Year built
1979
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22116651
Listed
Jul 30, 2026
Days on market
79
Listing agent
Robert E Salmons · Entera Realty
7132489869 · rsalmons@greenletco.com
Price history
First asked $274,900
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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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