1 / 6
34score
↓ $9,999
$205,000
MLS
Street view3119 Carlsbad Ln
Indianapolis IN 46241 · Single Family · built 1991
4 bd2 ba1,276 sqft$161/sqft vs ZIP $157 +2%
1.27 lender DSCR (est.)
Rent covers the estimated payment 1.27× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,888/mo (HUD fair-market rent) ÷ 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 1.27price cut 5%
The underwriting
The numbers (estimates, illustrative)
$205,000List price
$1,888Rent estimate / mo
1.27Lender DSCR (est.)
$3,888Taxes / yr · county assessor
$157ZIP median $ / sqft
34/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,888 |
| − Mortgage (P&I) | −$1,075 |
| − Taxes | −$324 |
| − Insurance | −$85 |
| = Cash flow before vacancy & repairs | $404 |
The numbers
- Price
- $205,000
- $ / sq ft
- $161 ZIP median $157
- Rent estimate
- $1,888/mo HUD fair-market rent
- Property taxes
- $3,888/yr 2% cap on assessed value $194,400
- PITIA (assumed)
- $1,484/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.27 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 34/100 DSCR 1.27 · price cut 5%
The property
- Beds / baths
- 4 / 2
- Living area
- 1,276 sq ft
- Lot
- 9,583 sq ft
- Year built
- 1991
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22121769
- Listed
- Sep 3, 2026
- Days on market
- 44
- Listing agent
- Ashton Harris · The Stewart Home Group
3177521021 · ashton@cowan-realty.com - Price history
- First asked $214,999 · previously $210,000 cut $9,999
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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.