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Street view of 5740 Birtz Rd
1 / 6
15score
↓ $55,000New Construction
$330,000
MLS Street view
Search photos

5740 Birtz Rd

Indianapolis IN 46216 · Townhouse · built 2025
3 bd3 ba2,130 sqft$155/sqft vs ZIP $155 −0%
0.73 lender DSCR (est.)
Rent covers the estimated payment 0.73× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,775/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.

price cut 17%below assessed value
The underwriting

The numbers (estimates, illustrative)

$330,000List price
$1,775Rent estimate / mo
0.73Lender DSCR (est.)
$3,960Taxes / yr · assumed 1.2%
$155ZIP median $ / sqft
15/100Deal Score

Monthly picture (illustrative)

Rent est.$1,775
− Mortgage (P&I)−$1,731
− Taxes−$330
− Insurance−$138
− HOA−$217
= Cash flow before vacancy & repairs$-640

The numbers

Price
$330,000
$ / sq ft
$155 ZIP median $155
Rent estimate
$1,775/mo HUD fair-market rent
Property taxes
$3,960/yr assumed 1.2% of price
PITIA (assumed)
$2,415/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $217/mo
Lender DSCR (est.)
0.73 rent ÷ PITIA · lender floor 1.20
Deal Score
15/100 price cut 17% · below assessed value

The property

Beds / baths
3 / 3
Living area
2,130 sq ft
Lot
1,742 sq ft
Year built
2025
Property type
Townhouse
HOA
$217/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
New Construction
MLS #
22095871
Listed
Apr 16, 2026
Days on market
170
Listing agent
David Landau · Highgarden Real Estate
3174313830 · dlandau@highgarden.com
Price history
First asked $385,000 · previously $385,000 cut $55,000
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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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