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37score
$239,900
MLS
Street view2735 Carrollton Ave
Indianapolis IN 46205 · Single Family · built 1955
5 bd4 ba2,970 sqft$81/sqft vs ZIP $163 −50%
1.24 lender DSCR (est.)
Rent covers the estimated payment 1.24× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,041/mo (HUD fair-market rent) ÷ 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 1.2450% under ZIP $/sqftverify condition
The underwriting
The numbers (estimates, illustrative)
$239,900List price
$2,041Rent estimate / mo
1.24Lender DSCR (est.)
$3,460Taxes / yr · county assessor
$163ZIP median $ / sqft
37/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,041 |
| − Mortgage (P&I) | −$1,258 |
| − Taxes | −$288 |
| − Insurance | −$100 |
| = Cash flow before vacancy & repairs | $395 |
The numbers
- Price
- $239,900
- $ / sq ft
- $81 ZIP median $163
- Rent estimate
- $2,041/mo HUD fair-market rent
- Property taxes
- $3,460/yr 2% cap on assessed value $173,000
- PITIA (assumed)
- $1,646/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.24 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 37/100 DSCR 1.24 · 50% under ZIP $/sqft · verify condition
The property
- Beds / baths
- 5 / 4
- Living area
- 2,970 sq ft
- Lot
- 6,970 sq ft
- Year built
- 1955
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22087093
- Listed
- Mar 3, 2026
- Days on market
- 213
- Listing agent
- Keith Turnbill · Re/Max Advanced Realty
3178840800 · keith@turn-keyrealty.com - Price history
- First asked $239,900
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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.