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
1 / 6
0score
$329,900
MLS
Street view7845 Shannon Lakes Way
Indianapolis IN 46217 · Single Family · built 2001
3 bd2 ba1,768 sqft$187/sqft vs ZIP $164 +14%
0.77 lender DSCR (est.)
Rent covers the estimated payment 0.77× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,820/mo (ZIP + bedroom comps) ÷ 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.
The underwriting
The numbers (estimates, illustrative)
$329,900List price
$1,820Rent estimate / mo
0.77Lender DSCR (est.)
$5,648Taxes / yr · county assessor
$164ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,820 |
| − Mortgage (P&I) | −$1,730 |
| − Taxes | −$471 |
| − Insurance | −$137 |
| − HOA | −$23 |
| = Cash flow before vacancy & repairs | $-541 |
The numbers
- Price
- $329,900
- $ / sq ft
- $187 ZIP median $164
- Rent estimate
- $1,820/mo ZIP + bedroom comps
- Property taxes
- $5,648/yr 2% cap on assessed value $282,400
- PITIA (assumed)
- $2,361/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $23/mo
- Lender DSCR (est.)
- 0.77 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,768 sq ft
- Lot
- 10,454 sq ft
- Year built
- 2001
- Property type
- Single Family
- HOA
- $23/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123018
- Listed
- Aug 28, 2026
- Days on market
- 36
- Listing agent
- Joshua Lawrence · @properties
3172866117 · josh@platcollective.com - Price history
- First asked $329,900
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.