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9score
$375,000
MLS
Street view9607 Piper Lake Dr
Indianapolis IN 46239 · Single Family · built 2002
5 bd3 ba2,854 sqft$131/sqft vs ZIP $147 −11%
0.84 lender DSCR (est.)
Rent covers the estimated payment 0.84× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,236/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.
10% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$375,000List price
$2,236Rent estimate / mo
0.84Lender DSCR (est.)
$6,116Taxes / yr · county assessor
$147ZIP median $ / sqft
9/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,236 |
| − Mortgage (P&I) | −$1,967 |
| − Taxes | −$510 |
| − Insurance | −$156 |
| − HOA | −$29 |
| = Cash flow before vacancy & repairs | $-425 |
The numbers
- Price
- $375,000
- $ / sq ft
- $131 ZIP median $147
- Rent estimate
- $2,236/mo HUD fair-market rent
- Property taxes
- $6,116/yr 2% cap on assessed value $305,800
- PITIA (assumed)
- $2,661/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $29/mo
- Lender DSCR (est.)
- 0.84 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 9/100 10% under ZIP $/sqft
The property
- Beds / baths
- 5 / 3
- Living area
- 2,854 sq ft
- Lot
- 11,326 sq ft
- Year built
- 2002
- Property type
- Single Family
- HOA
- $29/mo
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131653
- Listed
- Oct 16, 2026
- Days on market
- 16
- Listing agent
- Mark Wesler · Exp Realty, LLC
3173723283 · mdwesler@truebloodre.com - Price history
- First asked $375,000
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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.