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10score
$310,000
MLS
Street view5859 Edelle Dr
Indianapolis IN 46237 · Single Family · built 2015
4 bd2.5 ba2,142 sqft$145/sqft vs ZIP $153 −5%
0.90 lender DSCR (est.)
Rent covers the estimated payment 0.90× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,133/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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$310,000List price
$2,133Rent estimate / mo
0.90Lender DSCR (est.)
$6,692Taxes / yr · county assessor
$153ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,133 |
| − Mortgage (P&I) | −$1,626 |
| − Taxes | −$558 |
| − Insurance | −$129 |
| − HOA | −$49 |
| = Cash flow before vacancy & repairs | $-229 |
The numbers
- Price
- $310,000
- $ / sq ft
- $145 ZIP median $153
- Rent estimate
- $2,133/mo ZIP + bedroom comps
- Property taxes
- $6,692/yr 2% cap on assessed value $334,600
- PITIA (assumed)
- $2,362/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $49/mo
- Lender DSCR (est.)
- 0.90 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,142 sq ft
- Lot
- 8,712 sq ft
- Year built
- 2015
- Property type
- Single Family
- HOA
- $49/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22124908
- Listed
- Sep 10, 2026
- Days on market
- 23
- Listing agent
- Cindy Stockhaus · Better Homes and Gardens Real Estate Gold Key
3173495900 · bhgoldkey@gmail.com - Price history
- First asked $310,000
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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.