1 / 6
64score
↓ $37,000
$199,900
MLS
Street view11965 Cable Dr
Indianapolis IN 46236 · Single Family · built 1956
4 bd2 ba1,478 sqft$135/sqft vs ZIP $163 −17%
1.44 lender DSCR (est.)
Rent covers the estimated payment 1.44× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,145/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 1.4417% under ZIP $/sqftprice cut 19%below assessed value
The underwriting
The numbers (estimates, illustrative)
$199,900List price
$2,145Rent estimate / mo
1.44Lender DSCR (est.)
$4,244Taxes / yr · county assessor
$163ZIP median $ / sqft
64/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,145 |
| − Mortgage (P&I) | −$1,048 |
| − Taxes | −$354 |
| − Insurance | −$83 |
| = Cash flow before vacancy & repairs | $660 |
The numbers
- Price
- $199,900
- $ / sq ft
- $135 ZIP median $163
- Rent estimate
- $2,145/mo ZIP + bedroom comps
- Property taxes
- $4,244/yr 2% cap on assessed value $212,200
- PITIA (assumed)
- $1,485/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.44 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 64/100 DSCR 1.44 · 17% under ZIP $/sqft · price cut 19% · below assessed value
The property
- Beds / baths
- 4 / 2
- Living area
- 1,478 sq ft
- Lot
- 14,810 sq ft
- Year built
- 1956
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22111272
- Listed
- Jul 1, 2026
- Days on market
- 108
- Listing agent
- Daniel Witte · Witte Realty Group LLC
3177523330 · dwitte@witterealtygroup.com - Price history
- First asked $236,900 · previously $236,900 cut $37,000
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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.