1 / 6
27score
New
$285,000
MLS
Street view5666 Colonist Cir
Indianapolis IN 46254 · Single Family · built 1984
4 bd2.5 ba2,156 sqft$132/sqft vs ZIP $152 −13%
1.07 lender DSCR (est.)
Rent covers the estimated payment 1.07× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,260/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.
13% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$285,000List price
$2,260Rent estimate / mo
1.07Lender DSCR (est.)
$5,584Taxes / yr · county assessor
$152ZIP median $ / sqft
27/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,260 |
| − Mortgage (P&I) | −$1,495 |
| − Taxes | −$465 |
| − Insurance | −$119 |
| − HOA | −$26 |
| = Cash flow before vacancy & repairs | $155 |
The numbers
- Price
- $285,000
- $ / sq ft
- $132 ZIP median $152
- Rent estimate
- $2,260/mo ZIP + bedroom comps
- Property taxes
- $5,584/yr 2% cap on assessed value $279,200
- PITIA (assumed)
- $2,105/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $26/mo
- Lender DSCR (est.)
- 1.07 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 27/100 13% under ZIP $/sqft · new this week
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,156 sq ft
- Lot
- 11,761 sq ft
- Year built
- 1984
- Property type
- Single Family
- HOA
- $26/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131641
- Listed
- Oct 16, 2026
- Days on market
- 2
- Listing agent
- Garrett Brooks · United Real Estate Indpls
3175236134 · garrett@indysagent.com - Price history
- First asked $285,000
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.