Street view of 7053 Grosvenor Pl
1 / 6
33score
New
$475,000
MLS Street view
Search photos

7053 Grosvenor Pl

Indianapolis IN 46220 · Single Family · built 1963
4 bd3.5 ba3,370 sqft$141/sqft vs ZIP $194 −27%
0.61 lender DSCR (est.)
Rent covers the estimated payment 0.61× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,200/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.

27% under ZIP $/sqftnew this weekbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$475,000List price
$2,200Rent estimate / mo
0.61Lender DSCR (est.)
$10,874Taxes / yr · county assessor
$194ZIP median $ / sqft
33/100Deal Score

Monthly picture (illustrative)

Rent est.$2,200
− Mortgage (P&I)−$2,491
− Taxes−$906
− Insurance−$198
= Cash flow before vacancy & repairs$-1,395

The numbers

Price
$475,000
$ / sq ft
$141 ZIP median $194
Rent estimate
$2,200/mo ZIP + bedroom comps
Property taxes
$10,874/yr 2% cap on assessed value $543,700
PITIA (assumed)
$3,595/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.61 rent ÷ PITIA · lender floor 1.20
Deal Score
33/100 27% under ZIP $/sqft · new this week · below assessed value

The property

Beds / baths
4 / 3.5
Living area
3,370 sq ft
Lot
17,424 sq ft
Year built
1963
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22129119
Listed
Oct 2, 2026
Days on market
2
Listing agent
Phil Herman · eXp Realty, LLC
3173391250 · phil@philhermanrealtor.com
Price history
First asked $475,000
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