1 / 6
3score
$535,000
MLS
Street view1120 Alfred Cir
Indianapolis IN 46239 · Single Family · built 1996
4 bd4 ba3,775 sqft$142/sqft vs ZIP $147 −4%
0.55 lender DSCR (est.)
Rent covers the estimated payment 0.55× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,058/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.
The underwriting
The numbers (estimates, illustrative)
$535,000List price
$2,058Rent estimate / mo
0.55Lender DSCR (est.)
$8,928Taxes / yr · county assessor
$147ZIP median $ / sqft
3/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,058 |
| − Mortgage (P&I) | −$2,806 |
| − Taxes | −$744 |
| − Insurance | −$223 |
| = Cash flow before vacancy & repairs | $-1,715 |
The numbers
- Price
- $535,000
- $ / sq ft
- $142 ZIP median $147
- Rent estimate
- $2,058/mo ZIP + bedroom comps
- Property taxes
- $8,928/yr 2% cap on assessed value $446,400
- PITIA (assumed)
- $3,773/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.55 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 3/100
The property
- Beds / baths
- 4 / 4
- Living area
- 3,775 sq ft
- Lot
- 32,234 sq ft
- Year built
- 1996
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131363
- Listed
- Oct 16, 2026
- Days on market
- 16
- Listing agent
- Tim Hall · F.C. Tucker/Crossroads Real Estate
7658887653 · tim.hall@talktotucker.com - Price history
- First asked $535,000
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.