Street view of 2438 N Goodlet Ave
1 / 6
32score
$189,999
MLS Street view
Search photos

2438 N Goodlet Ave

Indianapolis IN 46222 · Single Family · built 1959
3 bd2 ba1,077 sqft$176/sqft vs ZIP $153 +15%
1.39 lender DSCR (est.)
Rent covers the estimated payment 1.39× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,775/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 1.39
The underwriting

The numbers (estimates, illustrative)

$189,999List price
$1,775Rent estimate / mo
1.39Lender DSCR (est.)
$2,372Taxes / yr · county assessor
$153ZIP median $ / sqft
32/100Deal Score

Monthly picture (illustrative)

Rent est.$1,775
− Mortgage (P&I)−$996
− Taxes−$198
− Insurance−$79
= Cash flow before vacancy & repairs$502

The numbers

Price
$189,999
$ / sq ft
$176 ZIP median $153
Rent estimate
$1,775/mo ZIP + bedroom comps
Property taxes
$2,372/yr 2% cap on assessed value $118,600
PITIA (assumed)
$1,273/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.39 rent ÷ PITIA · lender floor 1.20
Deal Score
32/100 DSCR 1.39

The property

Beds / baths
3 / 2
Living area
1,077 sq ft
Lot
5,227 sq ft
Year built
1959
Property type
Single Family
HOA
None on record
Flood zone
—
Registered rental
No

The listing

Source
Standard
MLS #
22133185
Listed
Oct 23, 2026
Days on market
9
Listing agent
Jesus Flores · West & Main Real Estate
3174278970 · jesus.flores@talktotucker.com
Price history
First asked $189,999
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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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