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23score
New
$280,000
MLS
Street view9737 Piper Lake Dr
Indianapolis IN 46239 · Single Family · built 2002
4 bd2.5 ba2,041 sqft$137/sqft vs ZIP $152 −10%
1.05 lender DSCR (est.)
Rent covers the estimated payment 1.05× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,100/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.
9% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$280,000List price
$2,100Rent estimate / mo
1.05Lender DSCR (est.)
$4,952Taxes / yr · county assessor
$152ZIP median $ / sqft
23/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,100 |
| − Mortgage (P&I) | −$1,468 |
| − Taxes | −$413 |
| − Insurance | −$117 |
| = Cash flow before vacancy & repairs | $102 |
The numbers
- Price
- $280,000
- $ / sq ft
- $137 ZIP median $152
- Rent estimate
- $2,100/mo ZIP + bedroom comps
- Property taxes
- $4,952/yr 2% cap on assessed value $247,600
- PITIA (assumed)
- $1,998/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.05 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 23/100 9% under ZIP $/sqft · new this week
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,041 sq ft
- Lot
- 8,712 sq ft
- Year built
- 2002
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22128158
- Listed
- Sep 25, 2026
- Days on market
- 7
- Listing agent
- Dylan Haywood · F.C. Tucker Company - Downtown
3172095412 · dhaywood@kw.com - Price history
- First asked $280,000
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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.