1 / 6
46score
↓ $20,100
$299,900
MLS
Street view7528 Pipestone Dr
Indianapolis IN 46217 · Single Family · built 2008
5 bd3 ba3,277 sqft$92/sqft vs ZIP $164 −44%
0.99 lender DSCR (est.)
Rent covers the estimated payment 0.99× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,284/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.
44% under ZIP $/sqftprice cut 7%below assessed value
The underwriting
The numbers (estimates, illustrative)
$299,900List price
$2,284Rent estimate / mo
0.99Lender DSCR (est.)
$6,794Taxes / yr · county assessor
$164ZIP median $ / sqft
46/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,284 |
| − Mortgage (P&I) | −$1,573 |
| − Taxes | −$566 |
| − Insurance | −$125 |
| − HOA | −$33 |
| = Cash flow before vacancy & repairs | $-13 |
The numbers
- Price
- $299,900
- $ / sq ft
- $92 ZIP median $164
- Rent estimate
- $2,284/mo HUD fair-market rent
- Property taxes
- $6,794/yr 2% cap on assessed value $339,700
- PITIA (assumed)
- $2,297/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $33/mo
- Lender DSCR (est.)
- 0.99 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 46/100 44% under ZIP $/sqft · price cut 7% · below assessed value
The property
- Beds / baths
- 5 / 3
- Living area
- 3,277 sq ft
- Lot
- 6,534 sq ft
- Year built
- 2008
- Property type
- Single Family
- HOA
- $33/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22116736
- Listed
- Jul 28, 2026
- Days on market
- 81
- Listing agent
- Mike Price Realty Team · REMAX ONE
3176147530 · mpricerealtor@gmail.com - Price history
- First asked $320,000 · previously $310,000 cut $20,100
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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.