Last confirmed active 19 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
Street view of 5826 Edelle Dr
1 / 6
12score
↓ $10,000
$359,950
MLS Street view
Search photos

5826 Edelle Dr

Indianapolis IN 46237 · Single Family · built 2014
4 bd2.5 ba2,560 sqft$141/sqft vs ZIP $151 −7%
0.79 lender DSCR (est.)
Rent covers the estimated payment 0.79× · 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.

price cut 3%
The underwriting

The numbers (estimates, illustrative)

$359,950List price
$2,043Rent estimate / mo
0.79Lender DSCR (est.)
$6,768Taxes / yr · county assessor
$151ZIP median $ / sqft
12/100Deal Score

Monthly picture (illustrative)

Rent est.$2,043
− Mortgage (P&I)−$1,888
− Taxes−$564
− Insurance−$150
= Cash flow before vacancy & repairs$-559

The numbers

Price
$359,950
$ / sq ft
$141 ZIP median $151
Rent estimate
$2,043/mo ZIP + bedroom comps
Property taxes
$6,768/yr 2% cap on assessed value $338,400
PITIA (assumed)
$2,602/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.79 rent ÷ PITIA · lender floor 1.20
Deal Score
12/100 price cut 3%

The property

Beds / baths
4 / 2.5
Living area
2,560 sq ft
Lot
9,148 sq ft
Year built
2014
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22121607
Listed
Aug 26, 2026
Days on market
38
Listing agent
Tejish S Kohli · CENTURY 21 Scheetz
8123907199 · tkohli@c21scheetz.com
Price history
First asked $369,950 · previously $369,950 cut $10,000
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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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