Street view of 724 Winding Grove Dr
1 / 6
17score
New
$244,990
MLS Street view
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724 Winding Grove Dr

Indianapolis IN 46217 · Single Family · built 2009
3 bd2 ba1,432 sqft$171/sqft vs ZIP $161 +6%
1.09 lender DSCR (est.)
Rent covers the estimated payment 1.09× · 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.

new this week
The underwriting

The numbers (estimates, illustrative)

$244,990List price
$1,802Rent estimate / mo
1.09Lender DSCR (est.)
$2,940Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
17/100Deal Score

Monthly picture (illustrative)

Rent est.$1,802
− Mortgage (P&I)−$1,285
− Taxes−$245
− Insurance−$102
− HOA−$24
= Cash flow before vacancy & repairs$146

The numbers

Price
$244,990
$ / sq ft
$171 ZIP median $161
Rent estimate
$1,802/mo ZIP + bedroom comps
Property taxes
$2,940/yr assumed 1.2% of price
PITIA (assumed)
$1,656/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $24/mo
Lender DSCR (est.)
1.09 rent ÷ PITIA · lender floor 1.20
Deal Score
17/100 new this week

The property

Beds / baths
3 / 2
Living area
1,432 sq ft
Lot
7,405 sq ft
Year built
2009
Property type
Single Family
HOA
$24/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22133519
Listed
Oct 27, 2026
Days on market
5
Listing agent
Van Hnem · Landtree, REALTORS®
3178883331 · esthervhsung@gmail.com
Price history
First asked $244,990
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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.

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