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
7score
↓ $8,000
$365,000
MLS
Street view5882 Independence Ave
Indianapolis IN 46234 · Single Family · built 2003
4 bd2.5 ba2,357 sqft$155/sqft vs ZIP $160 −3%
0.91 lender DSCR (est.)
Rent covers the estimated payment 0.91× · 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.
price cut 2%
The underwriting
The numbers (estimates, illustrative)
$365,000List price
$2,235Rent estimate / mo
0.91Lender DSCR (est.)
$4,380Taxes / yr · assumed 1.2%
$160ZIP median $ / sqft
7/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,235 |
| − Mortgage (P&I) | −$1,914 |
| − Taxes | −$365 |
| − Insurance | −$152 |
| − HOA | −$36 |
| = Cash flow before vacancy & repairs | $-232 |
The numbers
- Price
- $365,000
- $ / sq ft
- $155 ZIP median $160
- Rent estimate
- $2,235/mo ZIP + bedroom comps
- Property taxes
- $4,380/yr assumed 1.2% of price
- PITIA (assumed)
- $2,467/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $36/mo
- Lender DSCR (est.)
- 0.91 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 7/100 price cut 2%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,357 sq ft
- Lot
- 7,841 sq ft
- Year built
- 2003
- Property type
- Single Family
- HOA
- $36/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22119536
- Listed
- Aug 25, 2026
- Days on market
- 39
- Listing agent
- Janko Realty Group - Tony Janko And Toni Eads · Janko Realty Group
3174301608 · tonieads@jankorealtygroup.com - Price history
- First asked $373,000 · previously $373,000 cut $8,000
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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.