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44score
$189,900
MLS
Street view2941 Redland Ln
Indianapolis IN 46217 · Single Family · built 2002
3 bd2.5 ba1,368 sqft$139/sqft vs ZIP $161 −14%
1.28 lender DSCR (est.)
Rent covers the estimated payment 1.28× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,823/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 1.2814% under ZIP $/sqftbelow assessed valueregistered rental
The underwriting
The numbers (estimates, illustrative)
$189,900List price
$1,823Rent estimate / mo
1.28Lender DSCR (est.)
$4,166Taxes / yr · county assessor
$161ZIP median $ / sqft
44/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,823 |
| − Mortgage (P&I) | −$996 |
| − Taxes | −$347 |
| − Insurance | −$79 |
| = Cash flow before vacancy & repairs | $401 |
The numbers
- Price
- $189,900
- $ / sq ft
- $139 ZIP median $161
- Rent estimate
- $1,823/mo ZIP + bedroom comps
- Property taxes
- $4,166/yr 2% cap on assessed value $208,300
- PITIA (assumed)
- $1,422/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.28 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 44/100 DSCR 1.28 · 14% under ZIP $/sqft · below assessed value · registered rental
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,368 sq ft
- Lot
- 4,792 sq ft
- Year built
- 2002
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- 100
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22095695
- Listed
- Apr 17, 2026
- Days on market
- 168
- Listing agent
- Isabella Frazier · Trelora Realty, Inc
2193513982 · inteam@trelora.com - Price history
- First asked $189,900
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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.