Last confirmed active 17 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
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16score
↓ $11,000
$299,000
MLS
Street view5992 Lomita Ave
Plainfield IN 46168 · Townhouse · built 2024
3 bd2.5 ba1,886 sqft$159/sqft vs ZIP $177 −10%
0.90 lender DSCR (est.)
Rent covers the estimated payment 0.90× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,824/mo (HUD fair-market rent) ÷ 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.
11% under ZIP $/sqftprice cut 4%
The underwriting
The numbers (estimates, illustrative)
$299,000List price
$1,824Rent estimate / mo
0.90Lender DSCR (est.)
$3,588Taxes / yr · assumed 1.2%
$177ZIP median $ / sqft
16/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,824 |
| − Mortgage (P&I) | −$1,568 |
| − Taxes | −$299 |
| − Insurance | −$125 |
| − HOA | −$40 |
| = Cash flow before vacancy & repairs | $-208 |
The numbers
- Price
- $299,000
- $ / sq ft
- $159 ZIP median $177
- Rent estimate
- $1,824/mo HUD fair-market rent
- Property taxes
- $3,588/yr assumed 1.2% of price
- PITIA (assumed)
- $2,032/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $40/mo
- Lender DSCR (est.)
- 0.90 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 16/100 11% under ZIP $/sqft · price cut 4%
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,886 sq ft
- Lot
- 1,742 sq ft
- Year built
- 2024
- Property type
- Townhouse
- HOA
- $40/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22120638
- Listed
- Aug 21, 2026
- Days on market
- 45
- Listing agent
- Elise Carmichael · eXp Realty, LLC
3172681800 · ecarmichael@c21scheetz.com - Price history
- First asked $310,000 · previously $310,000 cut $11,000
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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.