1 / 6
5score
NewNew Construction
$301,375
Triad
Street view6905 Levant Ln
Indianapolis IN 46221 · Single Family
3 bd2 ba1,503 sqft$201/sqft vs ZIP $154 +30%
0.85 lender DSCR (est.)
Rent covers the estimated payment 0.85× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,700/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.
new this week
The underwriting
The numbers (estimates, illustrative)
$301,375List price
$1,700Rent estimate / mo
0.85Lender DSCR (est.)
$3,617Taxes / yr · assumed 1.2%
$154ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,700 |
| − Mortgage (P&I) | −$1,580 |
| − Taxes | −$301 |
| − Insurance | −$126 |
| = Cash flow before vacancy & repairs | $-307 |
The numbers
- Price
- $301,375
- $ / sq ft
- $201 ZIP median $154
- Rent estimate
- $1,700/mo ZIP + bedroom comps
- Property taxes
- $3,617/yr assumed 1.2% of price
- PITIA (assumed)
- $2,007/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.85 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 new this week
The property
- Beds / baths
- 3 / 2
- Living area
- 1,503 sq ft
- Lot
- —
- Year built
- —
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- —
- Listed
- Oct 29, 2026
- Days on market
- 4
- Listing agent
- Not on the feed — use the official listing link
- Price history
- First asked $301,375
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.