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25score
$375,000
MLS
Street view594 Watterson Ct
Indianapolis IN 46217 · Single Family · built 1973
4 bd2.5 ba3,724 sqft$101/sqft vs ZIP $161 −37%
0.73 lender DSCR (est.)
Rent covers the estimated payment 0.73× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,967/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.
37% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$375,000List price
$1,967Rent estimate / mo
0.73Lender DSCR (est.)
$7,070Taxes / yr · county assessor
$161ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,967 |
| − Mortgage (P&I) | −$1,967 |
| − Taxes | −$589 |
| − Insurance | −$156 |
| = Cash flow before vacancy & repairs | $-745 |
The numbers
- Price
- $375,000
- $ / sq ft
- $101 ZIP median $161
- Rent estimate
- $1,967/mo ZIP + bedroom comps
- Property taxes
- $7,070/yr 2% cap on assessed value $353,500
- PITIA (assumed)
- $2,712/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.73 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 25/100 37% under ZIP $/sqft
The property
- Beds / baths
- 4 / 2.5
- Living area
- 3,724 sq ft
- Lot
- 13,504 sq ft
- Year built
- 1973
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22128294
- Listed
- Sep 25, 2026
- Days on market
- 8
- Listing agent
- Jeff Paxson Team · Jeff Paxson Team
3176792121 · jeff@jeffpaxson.com - Price history
- First asked $375,000
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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.