1 / 6
9score
$329,900
MLS
Street view651 Fenster Ct
Indianapolis IN 46234 · Single Family · built 1972
3 bd2.5 ba2,331 sqft$142/sqft vs ZIP $158 −10%
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. $1,990/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.
10% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$329,900List price
$1,990Rent estimate / mo
0.83Lender DSCR (est.)
$5,840Taxes / yr · county assessor
$158ZIP median $ / sqft
9/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,990 |
| − Mortgage (P&I) | −$1,730 |
| − Taxes | −$487 |
| − Insurance | −$137 |
| − HOA | −$47 |
| = Cash flow before vacancy & repairs | $-411 |
The numbers
- Price
- $329,900
- $ / sq ft
- $142 ZIP median $158
- Rent estimate
- $1,990/mo ZIP + bedroom comps
- Property taxes
- $5,840/yr 2% cap on assessed value $292,000
- PITIA (assumed)
- $2,401/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $47/mo
- Lender DSCR (est.)
- 0.83 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 9/100 10% under ZIP $/sqft
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,331 sq ft
- Lot
- 13,504 sq ft
- Year built
- 1972
- Property type
- Single Family
- HOA
- $47/mo
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22130559
- Listed
- Oct 19, 2026
- Days on market
- 13
- Listing agent
- Steven Kass · Carpenter Realtors, Northwest
3175906276 · stevengmac@aol.com - Price history
- First asked $329,900
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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.