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
1 / 6
13score
$369,000
MLS
Street view5863 Kingsley Dr
Indianapolis IN 46220 · Single Family · built 1950
3 bd2 ba2,100 sqft$176/sqft vs ZIP $208 −16%
0.69 lender DSCR (est.)
Rent covers the estimated payment 0.69× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,795/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.
16% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$369,000List price
$1,795Rent estimate / mo
0.69Lender DSCR (est.)
$6,258Taxes / yr · county assessor
$208ZIP median $ / sqft
13/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,795 |
| − Mortgage (P&I) | −$1,935 |
| − Taxes | −$522 |
| − Insurance | −$154 |
| = Cash flow before vacancy & repairs | $-815 |
The numbers
- Price
- $369,000
- $ / sq ft
- $176 ZIP median $208
- Rent estimate
- $1,795/mo ZIP + bedroom comps
- Property taxes
- $6,258/yr 2% cap on assessed value $312,900
- PITIA (assumed)
- $2,610/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.69 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 13/100 16% under ZIP $/sqft
The property
- Beds / baths
- 3 / 2
- Living area
- 2,100 sq ft
- Lot
- 6,534 sq ft
- Year built
- 1950
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22120004
- Listed
- Aug 13, 2026
- Days on market
- 51
- Listing agent
- Jj Canull · eXp Realty, LLC
3174187076 · jjcanull@gmail.com - Price history
- First asked $369,000
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.