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9score
$294,999
MLS
Street view5845 Iron Oaks Ct
Indianapolis IN 46237 · Single Family · built 1993
4 bd2.5 ba2,112 sqft$140/sqft vs ZIP $151 −7%
0.94 lender DSCR (est.)
Rent covers the estimated payment 0.94× · 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.
The underwriting
The numbers (estimates, illustrative)
$294,999List price
$2,043Rent estimate / mo
0.94Lender DSCR (est.)
$5,864Taxes / yr · county assessor
$151ZIP median $ / sqft
9/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,043 |
| − Mortgage (P&I) | −$1,547 |
| − Taxes | −$489 |
| − Insurance | −$123 |
| − HOA | −$18 |
| = Cash flow before vacancy & repairs | $-134 |
The numbers
- Price
- $294,999
- $ / sq ft
- $140 ZIP median $151
- Rent estimate
- $2,043/mo ZIP + bedroom comps
- Property taxes
- $5,864/yr 2% cap on assessed value $293,200
- PITIA (assumed)
- $2,177/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $18/mo
- Lender DSCR (est.)
- 0.94 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 9/100
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,112 sq ft
- Lot
- 19,166 sq ft
- Year built
- 1993
- Property type
- Single Family
- HOA
- $18/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22129960
- Listed
- Oct 9, 2026
- Days on market
- 9
- Listing agent
- A Brian Harbert · REALTY WORLD-Harbert Company
3178858858 · brian@harbertcompany.com - Price history
- First asked $294,999
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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.