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0score
$279,900
MLS
Street view5817 S Franklin Rd
Indianapolis IN 46239 · Single Family · built 1961
3 bd2 ba1,768 sqft$158/sqft vs ZIP $148 +7%
0.89 lender DSCR (est.)
Rent covers the estimated payment 0.89× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,833/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)
$279,900List price
$1,833Rent estimate / mo
0.89Lender DSCR (est.)
$5,582Taxes / yr · county assessor
$148ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,833 |
| − Mortgage (P&I) | −$1,468 |
| − Taxes | −$465 |
| − Insurance | −$117 |
| = Cash flow before vacancy & repairs | $-217 |
The numbers
- Price
- $279,900
- $ / sq ft
- $158 ZIP median $148
- Rent estimate
- $1,833/mo ZIP + bedroom comps
- Property taxes
- $5,582/yr 2% cap on assessed value $279,100
- PITIA (assumed)
- $2,050/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.89 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,768 sq ft
- Lot
- 22,651 sq ft
- Year built
- 1961
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22132874
- Listed
- Oct 22, 2026
- Days on market
- 9
- Listing agent
- Jim Perry · Ever Real Estate, LLC
3172819239 · jim.perry@everrealestate.com - Price history
- First asked $279,900
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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.