Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
19score
↓ $10,000
$350,000
MLS
Street view7151 Lindenwood Dr
Indianapolis IN 46227 · Single Family · built 1962
3 bd3 ba2,484 sqft$141/sqft vs ZIP $156 −10%
0.72 lender DSCR (est.)
Rent covers the estimated payment 0.72× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,850/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.
10% under ZIP $/sqftprice cut 3%below assessed value
The underwriting
The numbers (estimates, illustrative)
$350,000List price
$1,850Rent estimate / mo
0.72Lender DSCR (est.)
$7,046Taxes / yr · county assessor
$156ZIP median $ / sqft
19/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,850 |
| − Mortgage (P&I) | −$1,835 |
| − Taxes | −$587 |
| − Insurance | −$146 |
| = Cash flow before vacancy & repairs | $-718 |
The numbers
- Price
- $350,000
- $ / sq ft
- $141 ZIP median $156
- Rent estimate
- $1,850/mo ZIP + bedroom comps
- Property taxes
- $7,046/yr 2% cap on assessed value $352,300
- PITIA (assumed)
- $2,568/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.72 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 19/100 10% under ZIP $/sqft · price cut 3% · below assessed value
The property
- Beds / baths
- 3 / 3
- Living area
- 2,484 sq ft
- Lot
- 20,038 sq ft
- Year built
- 1962
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22122593
- Listed
- Aug 27, 2026
- Days on market
- 37
- Listing agent
- Todd Cook - Listing Specialist · Keller Williams Indy Metro S
3175033308 · todd@tlcsoldme.com - Price history
- First asked $360,000 · previously $360,000 cut $10,000
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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.