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9score
New↓ $5,800New Construction
$394,900
Triad
Street view6805 Levant Ln
Indianapolis IN 46221 · Single Family · built 2026
4 bd2.5 ba2,904 sqft$136/sqft vs ZIP $147 −7%
0.57 lender DSCR (est.)
Rent covers the estimated payment 0.57× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,530/mo (ZIP + bedroom comps) ÷ 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.
price cut 1%
The underwriting
The numbers (estimates, illustrative)
$394,900List price
$1,530Rent estimate / mo
0.57Lender DSCR (est.)
$4,739Taxes / yr · assumed 1.2%
$147ZIP median $ / sqft
9/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,530 |
| − Mortgage (P&I) | −$2,071 |
| − Taxes | −$395 |
| − Insurance | −$165 |
| − HOA | −$53 |
| = Cash flow before vacancy & repairs | $-1,153 |
The numbers
- Price
- $394,900
- $ / sq ft
- $136 ZIP median $147
- Rent estimate
- $1,530/mo ZIP + bedroom comps
- Property taxes
- $4,739/yr assumed 1.2% of price
- PITIA (assumed)
- $2,683/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $53/mo
- Lender DSCR (est.)
- 0.57 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 9/100 price cut 1%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,904 sq ft
- Lot
- 7,841 sq ft
- Year built
- 2026
- Property type
- Single Family
- HOA
- $53/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- —
- Listed
- Oct 12, 2026
- Days on market
- 47 relisted — counted from when we first saw it
- Listing agent
- Not on the feed — use the official listing link
- Price history
- First asked $400,700 · previously $400,700 cut $5,800
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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.