Street view of 11106 Wismar Dr
1 / 6
75score
$139,000
MLS Street view
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11106 Wismar Dr

Indianapolis IN 46235 · Single Family · built 1991
3 bd2 ba1,500 sqft$93/sqft vs ZIP $141 −34%
1.61 lender DSCR (est.)
Rent covers the estimated payment 1.61× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,735/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 1.6134% under ZIP $/sqftbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$139,000List price
$1,735Rent estimate / mo
1.61Lender DSCR (est.)
$3,484Taxes / yr · county assessor
$141ZIP median $ / sqft
75/100Deal Score

Monthly picture (illustrative)

Rent est.$1,735
− Mortgage (P&I)−$729
− Taxes−$290
− Insurance−$58
= Cash flow before vacancy & repairs$658

The numbers

Price
$139,000
$ / sq ft
$93 ZIP median $141
Rent estimate
$1,735/mo ZIP + bedroom comps
Property taxes
$3,484/yr 2% cap on assessed value $174,200
PITIA (assumed)
$1,077/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.61 rent ÷ PITIA · lender floor 1.20
Deal Score
75/100 DSCR 1.61 · 34% under ZIP $/sqft · below assessed value

The property

Beds / baths
3 / 2
Living area
1,500 sq ft
Lot
6,098 sq ft
Year built
1991
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22032632
Listed
Apr 18, 2025
Days on market
532
Listing agent
Robert E Salmons · Entera Realty
7132489869 · rsalmons@greenletco.com
Price history
First asked $139,000
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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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