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38score
New
$235,500
MLS
Street view5944 S Karen Dr
Indianapolis IN 46239 · Single Family · built 1965
3 bd2 ba2,876 sqft$82/sqft vs ZIP $152 −46%
1.10 lender DSCR (est.)
Rent covers the estimated payment 1.10× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,960/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.
46% under ZIP $/sqftverify conditionnew this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$235,500List price
$1,960Rent estimate / mo
1.10Lender DSCR (est.)
$5,298Taxes / yr · county assessor
$152ZIP median $ / sqft
38/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,960 |
| − Mortgage (P&I) | −$1,235 |
| − Taxes | −$442 |
| − Insurance | −$98 |
| = Cash flow before vacancy & repairs | $185 |
The numbers
- Price
- $235,500
- $ / sq ft
- $82 ZIP median $152
- Rent estimate
- $1,960/mo ZIP + bedroom comps
- Property taxes
- $5,298/yr 2% cap on assessed value $264,900
- PITIA (assumed)
- $1,775/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.10 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 38/100 46% under ZIP $/sqft · verify condition · new this week · below assessed value
The property
- Beds / baths
- 3 / 2
- Living area
- 2,876 sq ft
- Lot
- 31,363 sq ft
- Year built
- 1965
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22128041
- Listed
- Sep 30, 2026
- Days on market
- 3
- Listing agent
- Mike Munoz · CENTURY 21 Scheetz
9494226658 · mmunoz@c21scheetz.com - Price history
- First asked $235,500
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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.