Street view of 3033 S Fleming St
1 / 6
65score
New
$140,000
MLS Street view
Search photos

3033 S Fleming St

Indianapolis IN 46241 · Single Family · built 1940
3 bd1 ba1,066 sqft$131/sqft vs ZIP $161 −18%
1.81 lender DSCR (est.)
Rent covers the estimated payment 1.81× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,805/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 1.8118% under ZIP $/sqftnew this week
The underwriting

The numbers (estimates, illustrative)

$140,000List price
$1,805Rent estimate / mo
1.81Lender DSCR (est.)
$2,474Taxes / yr · county assessor
$161ZIP median $ / sqft
65/100Deal Score

Monthly picture (illustrative)

Rent est.$1,805
− Mortgage (P&I)−$734
− Taxes−$206
− Insurance−$58
= Cash flow before vacancy & repairs$806

The numbers

Price
$140,000
$ / sq ft
$131 ZIP median $161
Rent estimate
$1,805/mo ZIP + bedroom comps
Property taxes
$2,474/yr 2% cap on assessed value $123,700
PITIA (assumed)
$999/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.81 rent ÷ PITIA · lender floor 1.20
Deal Score
65/100 DSCR 1.81 · 18% under ZIP $/sqft · new this week

The property

Beds / baths
3 / 1
Living area
1,066 sq ft
Lot
11,761 sq ft
Year built
1940
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22130417
Listed
Oct 8, 2026
Days on market
2
Listing agent
Matthew Jones · The Modglin Group
3173621108 · matthew@themodglingroup.com
Price history
First asked $140,000
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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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