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Street view of 5817 Flat Hill Dr
1 / 6
0score
$529,900
MLS Street view
Search photos

5817 Flat Hill Dr

Indianapolis IN 46239 · Single Family · built 2022
4 bd3.5 ba3,095 sqft$171/sqft vs ZIP $148 +16%
0.56 lender DSCR (est.)
Rent covers the estimated payment 0.56× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $2,093/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.

The underwriting

The numbers (estimates, illustrative)

$529,900List price
$2,093Rent estimate / mo
0.56Lender DSCR (est.)
$7,872Taxes / yr · county assessor
$148ZIP median $ / sqft
0/100Deal Score

Monthly picture (illustrative)

Rent est.$2,093
− Mortgage (P&I)−$2,779
− Taxes−$656
− Insurance−$221
− HOA−$58
= Cash flow before vacancy & repairs$-1,621

The numbers

Price
$529,900
$ / sq ft
$171 ZIP median $148
Rent estimate
$2,093/mo ZIP + bedroom comps
Property taxes
$7,872/yr 2% cap on assessed value $393,600
PITIA (assumed)
$3,714/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $58/mo
Lender DSCR (est.)
0.56 rent ÷ PITIA · lender floor 1.20
Deal Score
0/100

The property

Beds / baths
4 / 3.5
Living area
3,095 sq ft
Lot
7,405 sq ft
Year built
2022
Property type
Single Family
HOA
$58/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22119817
Listed
Aug 14, 2026
Days on market
50
Listing agent
Jeffrey Cummings · RE/MAX Complete
3173704664 · jcummings@gotocomplete.com
Price history
First asked $529,900
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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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