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35score
New
$350,000
MLS
Street view630 Griffin Rd
Indianapolis IN 46227 · Single Family · built 1966
3 bd2 ba3,866 sqft$91/sqft vs ZIP $161 −44%
0.66 lender DSCR (est.)
Rent covers the estimated payment 0.66× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,710/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.
44% under ZIP $/sqftnew this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$350,000List price
$1,710Rent estimate / mo
0.66Lender DSCR (est.)
$7,292Taxes / yr · county assessor
$161ZIP median $ / sqft
35/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,710 |
| − Mortgage (P&I) | −$1,835 |
| − Taxes | −$608 |
| − Insurance | −$146 |
| = Cash flow before vacancy & repairs | $-879 |
The numbers
- Price
- $350,000
- $ / sq ft
- $91 ZIP median $161
- Rent estimate
- $1,710/mo ZIP + bedroom comps
- Property taxes
- $7,292/yr 2% cap on assessed value $364,600
- PITIA (assumed)
- $2,589/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.66 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 35/100 44% under ZIP $/sqft · new this week · below assessed value
The property
- Beds / baths
- 3 / 2
- Living area
- 3,866 sq ft
- Lot
- 16,553 sq ft
- Year built
- 1966
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22128580
- Listed
- Oct 1, 2026
- Days on market
- 3
- Listing agent
- Kristin Rafferty-burdine · Highgarden Real Estate
3172016956 · rafferty.kristin@gmail.com - Price history
- First asked $350,000
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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.