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40score
↓ $40,001
$599,999
MLS
Street view9235 Crystal River Dr
Indianapolis IN 46240 · Single Family · built 2014
4 bd2.5 ba4,616 sqft$130/sqft vs ZIP $207 −37%
0.51 lender DSCR (est.)
Rent covers the estimated payment 0.51× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,267/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.
37% under ZIP $/sqftprice cut 7%below assessed value
The underwriting
The numbers (estimates, illustrative)
$599,999List price
$2,267Rent estimate / mo
0.51Lender DSCR (est.)
$12,606Taxes / yr · county assessor
$207ZIP median $ / sqft
40/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,267 |
| − Mortgage (P&I) | −$3,146 |
| − Taxes | −$1,051 |
| − Insurance | −$250 |
| = Cash flow before vacancy & repairs | $-2,180 |
The numbers
- Price
- $599,999
- $ / sq ft
- $130 ZIP median $207
- Rent estimate
- $2,267/mo HUD fair-market rent
- Property taxes
- $12,606/yr 2% cap on assessed value $630,300
- PITIA (assumed)
- $4,447/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.51 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 40/100 37% under ZIP $/sqft · price cut 7% · below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 4,616 sq ft
- Lot
- 7,405 sq ft
- Year built
- 2014
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22122162
- Listed
- Aug 25, 2026
- Days on market
- 68
- Listing agent
- Stephen Pipes · Re/Max Advanced Realty
3175589755 · steve@teampipesindy.com - Price history
- First asked $640,000 · previously $640,000 cut $40,001
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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.