Street view of 6032 Sand Mill Dr
1 / 6
0score
$519,000
MLS Street view
Search photos

6032 Sand Mill Dr

Indianapolis IN 46239 · Single Family · built 2023
5 bd3.5 ba3,444 sqft$151/sqft vs ZIP $152 −1%
0.61 lender DSCR (est.)
Rent covers the estimated payment 0.61× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,301/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.

The underwriting

The numbers (estimates, illustrative)

$519,000List price
$2,301Rent estimate / mo
0.61Lender DSCR (est.)
$9,216Taxes / yr · county assessor
$152ZIP median $ / sqft
0/100Deal Score

Monthly picture (illustrative)

Rent est.$2,301
− Mortgage (P&I)−$2,722
− Taxes−$768
− Insurance−$216
− HOA−$42
= Cash flow before vacancy & repairs$-1,447

The numbers

Price
$519,000
$ / sq ft
$151 ZIP median $152
Rent estimate
$2,301/mo HUD fair-market rent
Property taxes
$9,216/yr 2% cap on assessed value $460,800
PITIA (assumed)
$3,748/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $42/mo
Lender DSCR (est.)
0.61 rent ÷ PITIA · lender floor 1.20
Deal Score
0/100

The property

Beds / baths
5 / 3.5
Living area
3,444 sq ft
Lot
11,326 sq ft
Year built
2023
Property type
Single Family
HOA
$42/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22125098
Listed
Sep 11, 2026
Days on market
22
Listing agent
Michelle Chandler · Keller Williams Indy Metro S
3174138352 · homes@michellechandler.com
Price history
First asked $519,000
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad