Street view of 5715 Flat Hill Dr
1 / 6
11score
New Construction
$445,080
MLS Street view
Search photos

5715 Flat Hill Dr

Indianapolis IN 46239 · Single Family · built 2026
5 bd3.5 ba3,388 sqft$131/sqft vs ZIP $152 −14%
0.76 lender DSCR (est.)
Rent covers the estimated payment 0.76× · 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.

13% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$445,080List price
$2,301Rent estimate / mo
0.76Lender DSCR (est.)
$5,341Taxes / yr · assumed 1.2%
$152ZIP median $ / sqft
11/100Deal Score

Monthly picture (illustrative)

Rent est.$2,301
− Mortgage (P&I)−$2,334
− Taxes−$445
− Insurance−$185
− HOA−$58
= Cash flow before vacancy & repairs$-722

The numbers

Price
$445,080
$ / sq ft
$131 ZIP median $152
Rent estimate
$2,301/mo HUD fair-market rent
Property taxes
$5,341/yr assumed 1.2% of price
PITIA (assumed)
$3,023/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $58/mo
Lender DSCR (est.)
0.76 rent ÷ PITIA · lender floor 1.20
Deal Score
11/100 13% under ZIP $/sqft

The property

Beds / baths
5 / 3.5
Living area
3,388 sq ft
Lot
8,276 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 #
22125402
Listed
Sep 10, 2026
Days on market
23
Listing agent
Frances Williams · DRH Realty of Indiana, LLC
3177977036 · francesw@arborhomesllc.com
Price history
First asked $445,080
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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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