Street view of 5704 Milhouse Rd
1 / 6
20score
New
$210,000
MLS Street view
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5704 Milhouse Rd

Indianapolis IN 46221 · Single Family · built 1979
3 bd2 ba1,216 sqft$173/sqft vs ZIP $150 +15%
1.13 lender DSCR (est.)
Rent covers the estimated payment 1.13× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,730/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)

$210,000List price
$1,730Rent estimate / mo
1.13Lender DSCR (est.)
$4,132Taxes / yr · county assessor
$150ZIP median $ / sqft
20/100Deal Score

Monthly picture (illustrative)

Rent est.$1,730
− Mortgage (P&I)−$1,101
− Taxes−$344
− Insurance−$88
= Cash flow before vacancy & repairs$197

The numbers

Price
$210,000
$ / sq ft
$173 ZIP median $150
Rent estimate
$1,730/mo ZIP + bedroom comps
Property taxes
$4,132/yr 2% cap on assessed value $206,600
PITIA (assumed)
$1,533/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.13 rent ÷ PITIA · lender floor 1.20
Deal Score
20/100 new this week

The property

Beds / baths
3 / 2
Living area
1,216 sq ft
Lot
15,246 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 #
22130882
Listed
Oct 10, 2026
Days on market
5
Listing agent
James Somerville · Cottingham Realty
3178091733 · james.somerville.realty@comcast.net
Price history
First asked $210,000
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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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