Street view of 3006 N Olney St
1 / 6
27score
↓ $5,000
$152,999
MLS Street view
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3006 N Olney St

Indianapolis IN 46218 · Single Family · built 2021
3 bd2 ba912 sqft$168/sqft vs ZIP $138 +22%
1.21 lender DSCR (est.)
Rent covers the estimated payment 1.21× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,346/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 1.21price cut 3%
The underwriting

The numbers (estimates, illustrative)

$152,999List price
$1,346Rent estimate / mo
1.21Lender DSCR (est.)
$2,932Taxes / yr · county assessor
$138ZIP median $ / sqft
27/100Deal Score

Monthly picture (illustrative)

Rent est.$1,346
− Mortgage (P&I)−$802
− Taxes−$244
− Insurance−$64
= Cash flow before vacancy & repairs$236

The numbers

Price
$152,999
$ / sq ft
$168 ZIP median $138
Rent estimate
$1,346/mo ZIP + bedroom comps
Property taxes
$2,932/yr 2% cap on assessed value $146,600
PITIA (assumed)
$1,110/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.21 rent ÷ PITIA · lender floor 1.20
Deal Score
27/100 DSCR 1.21 · price cut 3%

The property

Beds / baths
3 / 2
Living area
912 sq ft
Lot
5,227 sq ft
Year built
2021
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22119361
Listed
Aug 21, 2026
Days on market
57
Listing agent
Timeko Whitaker · F.C. Tucker Company - Fishers/Geist
3177109533 · timeko.whitaker@talktotucker.com
Price history
First asked $157,999 · previously $157,999 cut $5,000
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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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