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Street view of 5721 Skipping Stone Dr
1 / 6
30score
$314,900
MLS Street view
Search photos

5721 Skipping Stone Dr

Indianapolis IN 46237 · Single Family · built 2004
4 bd2.5 ba3,422 sqft$92/sqft vs ZIP $151 −39%
0.87 lender DSCR (est.)
Rent covers the estimated payment 0.87× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,043/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.

39% under ZIP $/sqftbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$314,900List price
$2,043Rent estimate / mo
0.87Lender DSCR (est.)
$6,628Taxes / yr · county assessor
$151ZIP median $ / sqft
30/100Deal Score

Monthly picture (illustrative)

Rent est.$2,043
− Mortgage (P&I)−$1,651
− Taxes−$552
− Insurance−$131
− HOA−$22
= Cash flow before vacancy & repairs$-314

The numbers

Price
$314,900
$ / sq ft
$92 ZIP median $151
Rent estimate
$2,043/mo ZIP + bedroom comps
Property taxes
$6,628/yr 2% cap on assessed value $331,400
PITIA (assumed)
$2,357/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $22/mo
Lender DSCR (est.)
0.87 rent ÷ PITIA · lender floor 1.20
Deal Score
30/100 39% under ZIP $/sqft · below assessed value

The property

Beds / baths
4 / 2.5
Living area
3,422 sq ft
Lot
6,534 sq ft
Year built
2004
Property type
Single Family
HOA
$22/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22119126
Listed
Aug 22, 2026
Days on market
42
Listing agent
Liz M. Humphrey · Homeowners Realty, Llc
3177173693 · propertymgmt@ymail.com
Price history
First asked $314,900
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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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