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15score
$219,900
MLS
Street view3045 Southwest Dr
Indianapolis IN 46241 · Single Family · built 1979
3 bd2 ba1,304 sqft$169/sqft vs ZIP $157 +7%
1.13 lender DSCR (est.)
Rent covers the estimated payment 1.13× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,772/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.
The underwriting
The numbers (estimates, illustrative)
$219,900List price
$1,772Rent estimate / mo
1.13Lender DSCR (est.)
$3,834Taxes / yr · county assessor
$157ZIP median $ / sqft
15/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,772 |
| − Mortgage (P&I) | −$1,153 |
| − Taxes | −$320 |
| − Insurance | −$92 |
| = Cash flow before vacancy & repairs | $208 |
The numbers
- Price
- $219,900
- $ / sq ft
- $169 ZIP median $157
- Rent estimate
- $1,772/mo ZIP + bedroom comps
- Property taxes
- $3,834/yr 2% cap on assessed value $191,700
- PITIA (assumed)
- $1,564/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.13 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 15/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,304 sq ft
- Lot
- 11,761 sq ft
- Year built
- 1979
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22132996
- Listed
- Oct 22, 2026
- Days on market
- 9
- Listing agent
- Lindsay Adams · Pillario Property Management LLC
3176601102 · lindsay@ironcladrei.com - Price history
- First asked $219,900
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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.