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 763 Pioneer Woods Dr
1 / 6
22score
↓ $10,000
$304,900
MLS Street view
Search photos

763 Pioneer Woods Dr

Indianapolis IN 46224 · Single Family · built 1999
4 bd3.5 ba2,364 sqft$129/sqft vs ZIP $159 −19%
0.83 lender DSCR (est.)
Rent covers the estimated payment 0.83× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,872/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.

19% under ZIP $/sqftprice cut 3%
The underwriting

The numbers (estimates, illustrative)

$304,900List price
$1,872Rent estimate / mo
0.83Lender DSCR (est.)
$5,970Taxes / yr · county assessor
$159ZIP median $ / sqft
22/100Deal Score

Monthly picture (illustrative)

Rent est.$1,872
− Mortgage (P&I)−$1,599
− Taxes−$498
− Insurance−$127
− HOA−$22
= Cash flow before vacancy & repairs$-373

The numbers

Price
$304,900
$ / sq ft
$129 ZIP median $159
Rent estimate
$1,872/mo HUD fair-market rent
Property taxes
$5,970/yr 2% cap on assessed value $298,500
PITIA (assumed)
$2,245/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $22/mo
Lender DSCR (est.)
0.83 rent ÷ PITIA · lender floor 1.20
Deal Score
22/100 19% under ZIP $/sqft · price cut 3%

The property

Beds / baths
4 / 3.5
Living area
2,364 sq ft
Lot
7,405 sq ft
Year built
1999
Property type
Single Family
HOA
$22/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22118028
Listed
Aug 5, 2026
Days on market
59
Listing agent
Jerry Gemmecke · F.C. Tucker Company
3178444200 · jerryg@talktotucker.com
Price history
First asked $314,900 · previously $314,900 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.

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