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3score
$285,000
MLS
Street view709 W Banta Rd
Indianapolis IN 46217 · Single Family · built 1978
3 bd2 ba1,789 sqft$159/sqft vs ZIP $161 −1%
0.93 lender DSCR (est.)
Rent covers the estimated payment 0.93× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,802/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.
The underwriting
The numbers (estimates, illustrative)
$285,000List price
$1,802Rent estimate / mo
0.93Lender DSCR (est.)
$3,420Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
3/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,802 |
| − Mortgage (P&I) | −$1,495 |
| − Taxes | −$285 |
| − Insurance | −$119 |
| − HOA | −$30 |
| = Cash flow before vacancy & repairs | $-126 |
The numbers
- Price
- $285,000
- $ / sq ft
- $159 ZIP median $161
- Rent estimate
- $1,802/mo ZIP + bedroom comps
- Property taxes
- $3,420/yr assumed 1.2% of price
- PITIA (assumed)
- $1,928/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $30/mo
- Lender DSCR (est.)
- 0.93 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 3/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,789 sq ft
- Lot
- 12,197 sq ft
- Year built
- 1978
- Property type
- Single Family
- HOA
- $30/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22132214
- Listed
- Oct 20, 2026
- Days on market
- 11
- Listing agent
- Terry Young · Red Bridge Real Estate
8122168602 · terry@redbridgerealestate.com - Price history
- First asked $285,000
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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.