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20score
$239,900
MLS
Street view2937 N Park Ave
Indianapolis IN 46205 · Single Family · built 1910
3 bd1.5 ba1,700 sqft$141/sqft vs ZIP $163 −13%
0.99 lender DSCR (est.)
Rent covers the estimated payment 0.99× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,600/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.
13% under ZIP $/sqftregistered rental
The underwriting
The numbers (estimates, illustrative)
$239,900List price
$1,600Rent estimate / mo
0.99Lender DSCR (est.)
$3,012Taxes / yr · county assessor
$163ZIP median $ / sqft
20/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,600 |
| − Mortgage (P&I) | −$1,258 |
| − Taxes | −$251 |
| − Insurance | −$100 |
| = Cash flow before vacancy & repairs | $-9 |
The numbers
- Price
- $239,900
- $ / sq ft
- $141 ZIP median $163
- Rent estimate
- $1,600/mo ZIP + bedroom comps
- Property taxes
- $3,012/yr 2% cap on assessed value $150,600
- PITIA (assumed)
- $1,609/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.99 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 20/100 13% under ZIP $/sqft · registered rental
The property
- Beds / baths
- 3 / 1.5
- Living area
- 1,700 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1910
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22094188
- Listed
- Sep 3, 2026
- Days on market
- 29
- Listing agent
- Patti Roberts · Maxim Realty
3176269655 · pattiroberts@ameritech.net - 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.