1 / 6
0score
$349,000
MLS
Street view9340 W Point Pl
Indianapolis IN 46268 · Single Family · built 1988
2 bd2 ba1,723 sqft$203/sqft vs ZIP $159 +27%
0.54 lender DSCR (est.)
Rent covers the estimated payment 0.54× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,276/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
The underwriting
The numbers (estimates, illustrative)
$349,000List price
$1,276Rent estimate / mo
0.54Lender DSCR (est.)
$4,188Taxes / yr · assumed 1.2%
$159ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,276 |
| − Mortgage (P&I) | −$1,830 |
| − Taxes | −$349 |
| − Insurance | −$145 |
| − HOA | −$53 |
| = Cash flow before vacancy & repairs | $-1,102 |
The numbers
- Price
- $349,000
- $ / sq ft
- $203 ZIP median $159
- Rent estimate
- $1,276/mo HUD fair-market rent
- Property taxes
- $4,188/yr assumed 1.2% of price
- PITIA (assumed)
- $2,378/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $53/mo
- Lender DSCR (est.)
- 0.54 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 2 / 2
- Living area
- 1,723 sq ft
- Lot
- 82,764 sq ft
- Year built
- 1988
- Property type
- Single Family
- HOA
- $53/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22122258
- Listed
- Sep 10, 2026
- Days on market
- 23
- Listing agent
- Traci Garontakos · The Agency Indy
3176604444 · traci.garontakos@encoresir.com - Price history
- First asked $349,000
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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.