Last confirmed active 14 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
Street view of 9964 Redwood Peak Ln
1 / 6
11score
New↓ $10,000New Construction
$359,990
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9964 Redwood Peak Ln

Indianapolis IN 46259 · Single Family · built 2026
3 bd2 ba1,603 sqft$225/sqft vs ZIP $150 +50%
0.82 lender DSCR (est.)
Rent covers the estimated payment 0.82× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,975/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 3%new this week
The underwriting

The numbers (estimates, illustrative)

$359,990List price
$1,975Rent estimate / mo
0.82Lender DSCR (est.)
$4,320Taxes / yr · assumed 1.2%
$150ZIP median $ / sqft
11/100Deal Score

Monthly picture (illustrative)

Rent est.$1,975
− Mortgage (P&I)−$1,888
− Taxes−$360
− Insurance−$150
= Cash flow before vacancy & repairs$-423

The numbers

Price
$359,990
$ / sq ft
$225 ZIP median $150
Rent estimate
$1,975/mo ZIP + bedroom comps
Property taxes
$4,320/yr assumed 1.2% of price
PITIA (assumed)
$2,398/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.82 rent ÷ PITIA · lender floor 1.20
Deal Score
11/100 price cut 3% · new this week

The property

Beds / baths
3 / 2
Living area
1,603 sq ft
Lot
0.1791 acres
Year built
2026
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
New Construction
MLS #
—
Listed
Oct 3, 2026
Days on market
5
Listing agent
Not on the feed — use the official listing link
Price history
First asked $369,990 · previously $369,990 cut $10,000
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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.

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