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Street view of 5747 Wheeler Rd
1 / 6
3score
↓ $5,000
$345,000
MLS Street view
Search photos

5747 Wheeler Rd

Indianapolis IN 46216 · Single Family · built 2022
3 bd2.5 ba1,670 sqft$207/sqft vs ZIP $155 +33%
0.71 lender DSCR (est.)
Rent covers the estimated payment 0.71× · walk-away floor 1.20 · medium 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 from the county assessor. Assumptions as of 2026-09-12.

price cut 1%
The underwriting

The numbers (estimates, illustrative)

$345,000List price
$1,775Rent estimate / mo
0.71Lender DSCR (est.)
$6,134Taxes / yr · county assessor
$155ZIP median $ / sqft
3/100Deal Score

Monthly picture (illustrative)

Rent est.$1,775
− Mortgage (P&I)−$1,809
− Taxes−$511
− Insurance−$144
− HOA−$48
= Cash flow before vacancy & repairs$-737

The numbers

Price
$345,000
$ / sq ft
$207 ZIP median $155
Rent estimate
$1,775/mo HUD fair-market rent
Property taxes
$6,134/yr 2% cap on assessed value $306,700
PITIA (assumed)
$2,512/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $48/mo
Lender DSCR (est.)
0.71 rent ÷ PITIA · lender floor 1.20
Deal Score
3/100 price cut 1%

The property

Beds / baths
3 / 2.5
Living area
1,670 sq ft
Lot
2,614 sq ft
Year built
2022
Property type
Single Family
HOA
$48/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22121645
Listed
Aug 22, 2026
Days on market
42
Listing agent
Jackson Juerling · @properties
3174893441 · jackson@platcollective.com
Price history
First asked $350,000 · previously $350,000 cut $5,000
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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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