Street view of 1444 Fletcher Ave
1 / 6
5score
$575,000
MLS Street view
Search photos

1444 Fletcher Ave

Indianapolis IN 46203 · Single Family · built 2017
3 bd4 ba2,248 sqft$256/sqft vs ZIP $168 +52%
0.35 lender DSCR (est.)
Rent covers the estimated payment 0.35× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,513/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.

below assessed value
The underwriting

The numbers (estimates, illustrative)

$575,000List price
$1,513Rent estimate / mo
0.35Lender DSCR (est.)
$12,162Taxes / yr · county assessor
$168ZIP median $ / sqft
5/100Deal Score

Monthly picture (illustrative)

Rent est.$1,513
− Mortgage (P&I)−$3,015
− Taxes−$1,014
− Insurance−$240
= Cash flow before vacancy & repairs$-2,755

The numbers

Price
$575,000
$ / sq ft
$256 ZIP median $168
Rent estimate
$1,513/mo ZIP + bedroom comps
Property taxes
$12,162/yr 2% cap on assessed value $608,100
PITIA (assumed)
$4,268/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.35 rent ÷ PITIA · lender floor 1.20
Deal Score
5/100 below assessed value

The property

Beds / baths
3 / 4
Living area
2,248 sq ft
Lot
3,920 sq ft
Year built
2017
Property type
Single Family
HOA
None on record
Flood zone
—
Registered rental
No

The listing

Source
Standard
MLS #
22133224
Listed
Oct 24, 2026
Days on market
9
Listing agent
Megan Porterfield · Keller Williams Indpls Metro N
3173324284 · megan@enrouteteam.com
Price history
First asked $575,000
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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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