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25score
$189,900
MLS
Street view10832 Snowdrop Way
Indianapolis IN 46235 · Single Family · built 1998
3 bd2 ba1,010 sqft$188/sqft vs ZIP $138 +36%
1.29 lender DSCR (est.)
Rent covers the estimated payment 1.29× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,766/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.
DSCR 1.29
The underwriting
The numbers (estimates, illustrative)
$189,900List price
$1,766Rent estimate / mo
1.29Lender DSCR (est.)
$3,188Taxes / yr · county assessor
$138ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,766 |
| − Mortgage (P&I) | −$996 |
| − Taxes | −$266 |
| − Insurance | −$79 |
| − HOA | −$28 |
| = Cash flow before vacancy & repairs | $397 |
The numbers
- Price
- $189,900
- $ / sq ft
- $188 ZIP median $138
- Rent estimate
- $1,766/mo ZIP + bedroom comps
- Property taxes
- $3,188/yr 2% cap on assessed value $159,400
- PITIA (assumed)
- $1,369/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $28/mo
- Lender DSCR (est.)
- 1.29 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 25/100 DSCR 1.29
The property
- Beds / baths
- 3 / 2
- Living area
- 1,010 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1998
- Property type
- Single Family
- HOA
- $28/mo
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22133036
- Listed
- Oct 23, 2026
- Days on market
- 9
- Listing agent
- Robert E Salmons · Entera Realty
7132489869 · rsalmons@greenletco.com - Price history
- First asked $189,900
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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.