Last confirmed active 19 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
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17score
↓ $10,900
$489,000
MLS
Street view7761 Prairie View Dr
Indianapolis IN 46256 · Single Family · built 1997
4 bd2.5 ba3,380 sqft$145/sqft vs ZIP $171 −15%
0.52 lender DSCR (est.)
Rent covers the estimated payment 0.52× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,913/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.
16% under ZIP $/sqftprice cut 2%
The underwriting
The numbers (estimates, illustrative)
$489,000List price
$1,913Rent estimate / mo
0.52Lender DSCR (est.)
$9,438Taxes / yr · county assessor
$171ZIP median $ / sqft
17/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,913 |
| − Mortgage (P&I) | −$2,564 |
| − Taxes | −$787 |
| − Insurance | −$204 |
| − HOA | −$99 |
| = Cash flow before vacancy & repairs | $-1,741 |
The numbers
- Price
- $489,000
- $ / sq ft
- $145 ZIP median $171
- Rent estimate
- $1,913/mo HUD fair-market rent
- Property taxes
- $9,438/yr 2% cap on assessed value $471,900
- PITIA (assumed)
- $3,654/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $99/mo
- Lender DSCR (est.)
- 0.52 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 17/100 16% under ZIP $/sqft · price cut 2%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 3,380 sq ft
- Lot
- 18,731 sq ft
- Year built
- 1997
- Property type
- Single Family
- HOA
- $99/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22117708
- Listed
- Aug 5, 2026
- Days on market
- 59
- Listing agent
- Andrea Ratcliff · Redfin Corporation
3176828230 · andrea.ratcliff@redfin.com - Price history
- First asked $499,900 · previously $499,900 cut $10,900
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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.