Street view of 3118 W 9th St
1 / 6
45score
$125,000
MLS Street view
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3118 W 9th St

Indianapolis IN 46222 · Single Family · built 1926
3 bd1 ba798 sqft$157/sqft vs ZIP $150 +4%
1.77 lender DSCR (est.)
Rent covers the estimated payment 1.77× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,475/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.

DSCR 1.77
The underwriting

The numbers (estimates, illustrative)

$125,000List price
$1,475Rent estimate / mo
1.77Lender DSCR (est.)
$1,500Taxes / yr · assumed 1.2%
$150ZIP median $ / sqft
45/100Deal Score

Monthly picture (illustrative)

Rent est.$1,475
− Mortgage (P&I)−$656
− Taxes−$125
− Insurance−$52
= Cash flow before vacancy & repairs$642

The numbers

Price
$125,000
$ / sq ft
$157 ZIP median $150
Rent estimate
$1,475/mo ZIP + bedroom comps
Property taxes
$1,500/yr assumed 1.2% of price
PITIA (assumed)
$833/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.77 rent ÷ PITIA · lender floor 1.20
Deal Score
45/100 DSCR 1.77

The property

Beds / baths
3 / 1
Living area
798 sq ft
Lot
5,227 sq ft
Year built
1926
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22102734
Listed
May 19, 2026
Days on market
136
Listing agent
Jason Williamson · Re/Max Advanced Realty
3174303952 · jason@teamburk.realtor
Price history
First asked $125,000
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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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