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
5score
$344,900
MLS
Street view6248 Basden Dr
Indianapolis IN 46221 · Single Family · built 2023
4 bd2.5 ba2,242 sqft$154/sqft vs ZIP $147 +5%
0.58 lender DSCR (est.)
Rent covers the estimated payment 0.58× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,530/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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$344,900List price
$1,530Rent estimate / mo
0.58Lender DSCR (est.)
$7,418Taxes / yr · county assessor
$147ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,530 |
| − Mortgage (P&I) | −$1,809 |
| − Taxes | −$618 |
| − Insurance | −$144 |
| − HOA | −$57 |
| = Cash flow before vacancy & repairs | $-1,098 |
The numbers
- Price
- $344,900
- $ / sq ft
- $154 ZIP median $147
- Rent estimate
- $1,530/mo ZIP + bedroom comps
- Property taxes
- $7,418/yr 2% cap on assessed value $370,900
- PITIA (assumed)
- $2,628/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $57/mo
- Lender DSCR (est.)
- 0.58 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,242 sq ft
- Lot
- 7,841 sq ft
- Year built
- 2023
- Property type
- Single Family
- HOA
- $57/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22109755
- Listed
- Jun 24, 2026
- Days on market
- 101
- Listing agent
- Mojeed Okunola · Zion Group Realtors, Llc
3213156269 · mojeed_okunola@yahoo.com - Price history
- First asked $344,900
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.