Street view of 6605 Lake Forest Dr
1 / 6
15score
$629,900
MLS Street view
Search photos

6605 Lake Forest Dr

Avon IN 46123 · Single Family · built 1979
5 bd3.5 ba4,561 sqft$138/sqft vs ZIP $167 −17%
0.58 lender DSCR (est.)
Rent covers the estimated payment 0.58× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,447/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.

17% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$629,900List price
$2,447Rent estimate / mo
0.58Lender DSCR (est.)
$7,559Taxes / yr · assumed 1.2%
$167ZIP median $ / sqft
15/100Deal Score

Monthly picture (illustrative)

Rent est.$2,447
− Mortgage (P&I)−$3,303
− Taxes−$630
− Insurance−$262
= Cash flow before vacancy & repairs$-1,749

The numbers

Price
$629,900
$ / sq ft
$138 ZIP median $167
Rent estimate
$2,447/mo HUD fair-market rent
Property taxes
$7,559/yr assumed 1.2% of price
PITIA (assumed)
$4,196/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.58 rent ÷ PITIA · lender floor 1.20
Deal Score
15/100 17% under ZIP $/sqft

The property

Beds / baths
5 / 3.5
Living area
4,561 sq ft
Lot
47,480 sq ft
Year built
1979
Property type
Single Family
HOA
None on record
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22124583
Listed
Sep 5, 2026
Days on market
30
Listing agent
Jordan Wirth · Highgarden Real Estate
3175495363 · jwirth81@yahoo.com
Price history
First asked $629,900
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.

AnalyzeAsk Triad