1 / 6
21score
↓ $15,100
$234,900
MLS
Street view6714 Larkwood Ct
Indianapolis IN 46241 · Single Family · built 2002
3 bd2 ba1,112 sqft$211/sqft vs ZIP $157 +35%
1.02 lender DSCR (est.)
Rent covers the estimated payment 1.02× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,715/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.
price cut 6%registered rental
The underwriting
The numbers (estimates, illustrative)
$234,900List price
$1,715Rent estimate / mo
1.02Lender DSCR (est.)
$3,960Taxes / yr · county assessor
$157ZIP median $ / sqft
21/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,715 |
| − Mortgage (P&I) | −$1,232 |
| − Taxes | −$330 |
| − Insurance | −$98 |
| − HOA | −$19 |
| = Cash flow before vacancy & repairs | $36 |
The numbers
- Price
- $234,900
- $ / sq ft
- $211 ZIP median $157
- Rent estimate
- $1,715/mo ZIP + bedroom comps
- Property taxes
- $3,960/yr 2% cap on assessed value $198,000
- PITIA (assumed)
- $1,679/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $19/mo
- Lender DSCR (est.)
- 1.02 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 21/100 price cut 6% · registered rental
The property
- Beds / baths
- 3 / 2
- Living area
- 1,112 sq ft
- Lot
- 5,663 sq ft
- Year built
- 2002
- Property type
- Single Family
- HOA
- $19/mo
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22121794
- Listed
- Aug 22, 2026
- Days on market
- 56
- Listing agent
- Matthew Trammel · Carpenter Realtors, Brownsburg
3176079684 · mtrammel@callcarpenter.com - Price history
- First asked $250,000 · previously $239,900 cut $15,100
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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.