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22score
$535,000
MLS
Street view9037 Pinecreek Way
Indianapolis IN 46256 · Single Family · built 1989
4 bd3 ba3,947 sqft$136/sqft vs ZIP $170 −20%
0.48 lender DSCR (est.)
Rent covers the estimated payment 0.48× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,927/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.
20% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$535,000List price
$1,927Rent estimate / mo
0.48Lender DSCR (est.)
$11,284Taxes / yr · county assessor
$170ZIP median $ / sqft
22/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,927 |
| − Mortgage (P&I) | −$2,806 |
| − Taxes | −$940 |
| − Insurance | −$223 |
| − HOA | −$21 |
| = Cash flow before vacancy & repairs | $-2,063 |
The numbers
- Price
- $535,000
- $ / sq ft
- $136 ZIP median $170
- Rent estimate
- $1,927/mo HUD fair-market rent
- Property taxes
- $11,284/yr 2% cap on assessed value $564,200
- PITIA (assumed)
- $3,990/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $21/mo
- Lender DSCR (est.)
- 0.48 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 22/100 20% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 4 / 3
- Living area
- 3,947 sq ft
- Lot
- 15,682 sq ft
- Year built
- 1989
- Property type
- Single Family
- HOA
- $21/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22127321
- Listed
- Sep 23, 2026
- Days on market
- 10
- Listing agent
- Sarah Johnson · F.C. Tucker Company - Fishers/Geist
6023328916 · sarah.johnson@talktotucker.com - Price history
- First asked $535,000
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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.