Street view of 5646 Flat Hill Dr
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9score
NewNew Construction
$440,480
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5646 Flat Hill Dr

Indianapolis IN 46239 · Single Family · built 2026
5 bd3.5 ba3,062 sqft$144/sqft vs ZIP $152 −5%
0.77 lender DSCR (est.)
Rent covers the estimated payment 0.77× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,301/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.

new this week
The underwriting

The numbers (estimates, illustrative)

$440,480List price
$2,301Rent estimate / mo
0.77Lender DSCR (est.)
$5,286Taxes / yr · assumed 1.2%
$152ZIP median $ / sqft
9/100Deal Score

Monthly picture (illustrative)

Rent est.$2,301
− Mortgage (P&I)−$2,310
− Taxes−$440
− Insurance−$184
− HOA−$58
= Cash flow before vacancy & repairs$-691

The numbers

Price
$440,480
$ / sq ft
$144 ZIP median $152
Rent estimate
$2,301/mo HUD fair-market rent
Property taxes
$5,286/yr assumed 1.2% of price
PITIA (assumed)
$2,992/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $58/mo
Lender DSCR (est.)
0.77 rent ÷ PITIA · lender floor 1.20
Deal Score
9/100 new this week

The property

Beds / baths
5 / 3.5
Living area
3,062 sq ft
Lot
10,890 sq ft
Year built
2026
Property type
Single Family
HOA
$58/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
New Construction
MLS #
—
Listed
Oct 2, 2026
Days on market
2
Listing agent
Not on the feed — use the official listing link
Price history
First asked $440,480
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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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