1 / 6
22score
↓ $12,500
$275,000
MLS
Street view9959 Olympic Cir
Indianapolis IN 46234 · Single Family · built 2003
3 bd2 ba1,763 sqft$156/sqft vs ZIP $160 −3%
1.08 lender DSCR (est.)
Rent covers the estimated payment 1.08× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,029/mo (ZIP + bedroom comps) ÷ 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.
price cut 5%
The underwriting
The numbers (estimates, illustrative)
$275,000List price
$2,029Rent estimate / mo
1.08Lender DSCR (est.)
$3,300Taxes / yr · assumed 1.2%
$160ZIP median $ / sqft
22/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,029 |
| − Mortgage (P&I) | −$1,442 |
| − Taxes | −$275 |
| − Insurance | −$115 |
| − HOA | −$50 |
| = Cash flow before vacancy & repairs | $147 |
The numbers
- Price
- $275,000
- $ / sq ft
- $156 ZIP median $160
- Rent estimate
- $2,029/mo ZIP + bedroom comps
- Property taxes
- $3,300/yr assumed 1.2% of price
- PITIA (assumed)
- $1,882/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $50/mo
- Lender DSCR (est.)
- 1.08 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 22/100 price cut 5%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,763 sq ft
- Lot
- 8,712 sq ft
- Year built
- 2003
- Property type
- Single Family
- HOA
- $50/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22115324
- Listed
- Aug 13, 2026
- Days on market
- 65
- Listing agent
- Mandy Hills · @properties
3174893441 · mandy@atpropertiesind.com - Price history
- First asked $287,500 · previously $284,700 cut $12,500
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.