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40score
$174,900
MLS
Street view3128 Pawnee Ct
Indianapolis IN 46235 · Single Family · built 1981
3 bd1 ba903 sqft$194/sqft vs ZIP $138 +40%
1.48 lender DSCR (est.)
Rent covers the estimated payment 1.48× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,766/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 1.48registered rental
The underwriting
The numbers (estimates, illustrative)
$174,900List price
$1,766Rent estimate / mo
1.48Lender DSCR (est.)
$2,446Taxes / yr · county assessor
$138ZIP median $ / sqft
40/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,766 |
| − Mortgage (P&I) | −$917 |
| − Taxes | −$204 |
| − Insurance | −$73 |
| = Cash flow before vacancy & repairs | $572 |
The numbers
- Price
- $174,900
- $ / sq ft
- $194 ZIP median $138
- Rent estimate
- $1,766/mo ZIP + bedroom comps
- Property taxes
- $2,446/yr 2% cap on assessed value $122,300
- PITIA (assumed)
- $1,194/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.48 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 40/100 DSCR 1.48 · registered rental
The property
- Beds / baths
- 3 / 1
- Living area
- 903 sq ft
- Lot
- 9,583 sq ft
- Year built
- 1981
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22131187
- Listed
- Oct 20, 2026
- Days on market
- 11
- Listing agent
- Adam Woodring · MAINSTAY BROKERAGE LLC
9318017210 · listings@mainstay.io - Price history
- First asked $174,900
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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.