1 / 6
39score
↓ $25,000
$285,000
MLS
Street view6320 Falcon Pointe Ln
Indianapolis IN 46237 · Single Family · built 2000
3 bd3 ba2,627 sqft$108/sqft vs ZIP $151 −28%
0.83 lender DSCR (est.)
Rent covers the estimated payment 0.83× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,795/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.
28% under ZIP $/sqftprice cut 9%below assessed value
The underwriting
The numbers (estimates, illustrative)
$285,000List price
$1,795Rent estimate / mo
0.83Lender DSCR (est.)
$6,186Taxes / yr · county assessor
$151ZIP median $ / sqft
39/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,795 |
| − Mortgage (P&I) | −$1,495 |
| − Taxes | −$516 |
| − Insurance | −$119 |
| − HOA | −$33 |
| = Cash flow before vacancy & repairs | $-367 |
The numbers
- Price
- $285,000
- $ / sq ft
- $108 ZIP median $151
- Rent estimate
- $1,795/mo ZIP + bedroom comps
- Property taxes
- $6,186/yr 2% cap on assessed value $309,300
- PITIA (assumed)
- $2,162/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $33/mo
- Lender DSCR (est.)
- 0.83 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 39/100 28% under ZIP $/sqft · price cut 9% · below assessed value
The property
- Beds / baths
- 3 / 3
- Living area
- 2,627 sq ft
- Lot
- 11,326 sq ft
- Year built
- 2000
- Property type
- Single Family
- HOA
- $33/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123703
- Listed
- Sep 1, 2026
- Days on market
- 46
- Listing agent
- Shawn Schofield · Doc Real Estate, Inc
3174325475 · heatherscott1@insightbb.com - Price history
- First asked $310,000 · previously $310,000 cut $25,000
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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.