1 / 6
0score
$389,000
MLS
Street view1048 Kessler Boulevard West Dr
Indianapolis IN 46228 · Single Family · built 1952
3 bd2 ba1,830 sqft$213/sqft vs ZIP $144 +48%
0.74 lender DSCR (est.)
Rent covers the estimated payment 0.74× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,929/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.
The underwriting
The numbers (estimates, illustrative)
$389,000List price
$1,929Rent estimate / mo
0.74Lender DSCR (est.)
$4,668Taxes / yr · assumed 1.2%
$144ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,929 |
| − Mortgage (P&I) | −$2,040 |
| − Taxes | −$389 |
| − Insurance | −$162 |
| = Cash flow before vacancy & repairs | $-662 |
The numbers
- Price
- $389,000
- $ / sq ft
- $213 ZIP median $144
- Rent estimate
- $1,929/mo ZIP + bedroom comps
- Property taxes
- $4,668/yr assumed 1.2% of price
- PITIA (assumed)
- $2,591/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.74 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,830 sq ft
- Lot
- 35,719 sq ft
- Year built
- 1952
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131391
- Listed
- Oct 14, 2026
- Days on market
- 18
- Listing agent
- Charles Sheppard · AMR Real Estate LLC
3176541204 · charles.sheppard@amr.group - Price history
- First asked $389,000
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.