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
Street view of 7238 Silverwood Ct
1 / 6
29score
$494,000
MLS Street view
Search photos

7238 Silverwood Ct

Indianapolis IN 46259 · Single Family · built 2020
4 bd3.5 ba4,666 sqft$106/sqft vs ZIP $150 −29%
0.53 lender DSCR (est.)
Rent covers the estimated payment 0.53× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,026/mo (HUD fair-market rent) ÷ 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.

29% under ZIP $/sqftbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$494,000List price
$2,026Rent estimate / mo
0.53Lender DSCR (est.)
$11,838Taxes / yr · county assessor
$150ZIP median $ / sqft
29/100Deal Score

Monthly picture (illustrative)

Rent est.$2,026
− Mortgage (P&I)−$2,591
− Taxes−$987
− Insurance−$206
− HOA−$55
= Cash flow before vacancy & repairs$-1,812

The numbers

Price
$494,000
$ / sq ft
$106 ZIP median $150
Rent estimate
$2,026/mo HUD fair-market rent
Property taxes
$11,838/yr 2% cap on assessed value $591,900
PITIA (assumed)
$3,838/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $55/mo
Lender DSCR (est.)
0.53 rent ÷ PITIA · lender floor 1.20
Deal Score
29/100 29% under ZIP $/sqft · below assessed value

The property

Beds / baths
4 / 3.5
Living area
4,666 sq ft
Lot
9,148 sq ft
Year built
2020
Property type
Single Family
HOA
$55/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22097628
Listed
Apr 24, 2026
Days on market
162
Listing agent
Adam Corya · Carpenter Realtors, Broad Ripple
3174606514 · adamcorya@callcarpenter.com
Price history
First asked $494,000
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