Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
2score
↓ $3,000
$396,000
MLS
Street view6036 Cedar Shade Way
Indianapolis IN 46259 · Single Family · built 2023
3 bd2.5 ba2,411 sqft$164/sqft vs ZIP $150 +9%
0.67 lender DSCR (est.)
Rent covers the estimated payment 0.67× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,975/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.
price cut 1%
The underwriting
The numbers (estimates, illustrative)
$396,000List price
$1,975Rent estimate / mo
0.67Lender DSCR (est.)
$7,596Taxes / yr · county assessor
$150ZIP median $ / sqft
2/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,975 |
| − Mortgage (P&I) | −$2,077 |
| − Taxes | −$633 |
| − Insurance | −$165 |
| − HOA | −$55 |
| = Cash flow before vacancy & repairs | $-955 |
The numbers
- Price
- $396,000
- $ / sq ft
- $164 ZIP median $150
- Rent estimate
- $1,975/mo ZIP + bedroom comps
- Property taxes
- $7,596/yr 2% cap on assessed value $379,800
- PITIA (assumed)
- $2,930/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $55/mo
- Lender DSCR (est.)
- 0.67 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 2/100 price cut 1%
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,411 sq ft
- Lot
- 8,276 sq ft
- Year built
- 2023
- Property type
- Single Family
- HOA
- $55/mo
- Flood zone
- 500
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22112875
- Listed
- Jul 16, 2026
- Days on market
- 79
- Listing agent
- Jane Barretto · eXp Realty, LLC
3178445111 · 210285.lead@leads.leadrouter.com - Price history
- First asked $399,000 · previously $399,000 cut $3,000
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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.