Street view of 5910 Crooked Creek Dr
1 / 6
41score
↓ $4,000
$227,900
MLS Street view
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5910 Crooked Creek Dr

Indianapolis IN 46228 · Single Family · built 1954
4 bd2 ba1,659 sqft$137/sqft vs ZIP $143 −4%
1.43 lender DSCR (est.)
Rent covers the estimated payment 1.43× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,332/mo (HUD fair-market rent) ÷ 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.

DSCR 1.43price cut 2%
The underwriting

The numbers (estimates, illustrative)

$227,900List price
$2,332Rent estimate / mo
1.43Lender DSCR (est.)
$4,148Taxes / yr · county assessor
$143ZIP median $ / sqft
41/100Deal Score

Monthly picture (illustrative)

Rent est.$2,332
− Mortgage (P&I)−$1,195
− Taxes−$346
− Insurance−$95
= Cash flow before vacancy & repairs$696

The numbers

Price
$227,900
$ / sq ft
$137 ZIP median $143
Rent estimate
$2,332/mo HUD fair-market rent
Property taxes
$4,148/yr 2% cap on assessed value $207,400
PITIA (assumed)
$1,636/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.43 rent ÷ PITIA · lender floor 1.20
Deal Score
41/100 DSCR 1.43 · price cut 2%

The property

Beds / baths
4 / 2
Living area
1,659 sq ft
Lot
22,651 sq ft
Year built
1954
Property type
Single Family
HOA
None on record
Flood zone
500
Registered rental
No

The listing

Source
Standard
MLS #
22106743
Listed
Jun 16, 2026
Days on market
123
Listing agent
P.j. Bishop · The Elite Advantage, Inc.
3174711263 · peggyhoffman5450@gmail.com
Price history
First asked $231,900 · previously $231,900 cut $4,000
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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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