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46score
New
$140,000
MLS
Street view3137 N Gale St
Indianapolis IN 46218 · Single Family · built 1970
3 bd1 ba1,104 sqft$127/sqft vs ZIP $138 −8%
1.44 lender DSCR (est.)
Rent covers the estimated payment 1.44× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,300/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 1.44new this week
The underwriting
The numbers (estimates, illustrative)
$140,000List price
$1,300Rent estimate / mo
1.44Lender DSCR (est.)
$1,306Taxes / yr · county assessor
$138ZIP median $ / sqft
46/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,300 |
| − Mortgage (P&I) | −$734 |
| − Taxes | −$109 |
| − Insurance | −$58 |
| = Cash flow before vacancy & repairs | $399 |
The numbers
- Price
- $140,000
- $ / sq ft
- $127 ZIP median $138
- Rent estimate
- $1,300/mo ZIP + bedroom comps
- Property taxes
- $1,306/yr 2% cap on assessed value $65,300
- PITIA (assumed)
- $901/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.44 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 46/100 DSCR 1.44 · new this week
The property
- Beds / baths
- 3 / 1
- Living area
- 1,104 sq ft
- Lot
- 13,939 sq ft
- Year built
- 1970
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22132499
- Listed
- Oct 29, 2026
- Days on market
- 3
- Listing agent
- Gloria Gear · Keller Williams Indy Metro W
3177504998 · gloria@gearregroup.com - Price history
- First asked $140,000
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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.