Last confirmed active 18 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 5854 Skyward Ln
1 / 6
30score
↓ $10,000
$404,900
MLS Street view
Search photos

5854 Skyward Ln

Indianapolis IN 46234 · Single Family · built 2004
4 bd4 ba3,686 sqft$110/sqft vs ZIP $160 −31%
0.82 lender DSCR (est.)
Rent covers the estimated payment 0.82× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,235/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.

31% under ZIP $/sqftprice cut 2%
The underwriting

The numbers (estimates, illustrative)

$404,900List price
$2,235Rent estimate / mo
0.82Lender DSCR (est.)
$4,859Taxes / yr · assumed 1.2%
$160ZIP median $ / sqft
30/100Deal Score

Monthly picture (illustrative)

Rent est.$2,235
− Mortgage (P&I)−$2,123
− Taxes−$405
− Insurance−$169
− HOA−$38
= Cash flow before vacancy & repairs$-500

The numbers

Price
$404,900
$ / sq ft
$110 ZIP median $160
Rent estimate
$2,235/mo ZIP + bedroom comps
Property taxes
$4,859/yr assumed 1.2% of price
PITIA (assumed)
$2,735/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $38/mo
Lender DSCR (est.)
0.82 rent ÷ PITIA · lender floor 1.20
Deal Score
30/100 31% under ZIP $/sqft · price cut 2%

The property

Beds / baths
4 / 4
Living area
3,686 sq ft
Lot
7,405 sq ft
Year built
2004
Property type
Single Family
HOA
$38/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22122057
Listed
Aug 27, 2026
Days on market
37
Listing agent
Malinda Springston · F.C. Tucker Company - Carmel
3178467751 · homes_101@yahoo.com
Price history
First asked $414,900 · previously $414,900 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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