1 / 6
25score
↓ $25,099
$289,900
MLS
Street view3123 Broadway St
Indianapolis IN 46205 · Single Family · built 2018
3 bd2.5 ba3,466 sqft$84/sqft vs ZIP $165 −49%
0.85 lender DSCR (est.)
Rent covers the estimated payment 0.85× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,710/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.
49% under ZIP $/sqftverify conditionprice cut 9%
The underwriting
The numbers (estimates, illustrative)
$289,900List price
$1,710Rent estimate / mo
0.85Lender DSCR (est.)
$4,490Taxes / yr · county assessor
$165ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,710 |
| − Mortgage (P&I) | −$1,520 |
| − Taxes | −$374 |
| − Insurance | −$121 |
| = Cash flow before vacancy & repairs | $-305 |
The numbers
- Price
- $289,900
- $ / sq ft
- $84 ZIP median $165
- Rent estimate
- $1,710/mo ZIP + bedroom comps
- Property taxes
- $4,490/yr 2% cap on assessed value $224,500
- PITIA (assumed)
- $2,015/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.85 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 25/100 49% under ZIP $/sqft · verify condition · price cut 9%
The property
- Beds / baths
- 3 / 2.5
- Living area
- 3,466 sq ft
- Lot
- 4,792 sq ft
- Year built
- 2018
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22119338
- Listed
- Aug 27, 2026
- Days on market
- 51
- Listing agent
- Ryan Rominger · Trueblood Real Estate
3179350075 · ryan.rominger@compass.com - Price history
- First asked $314,999 · previously $299,900 cut $25,099
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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.