Street view of 3148 Hope Springs Ct
1 / 6
22score
$375,000
MLS Street view
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3148 Hope Springs Ct

Indianapolis IN 46268 · Single Family · built 2016
5 bd3.5 ba3,200 sqft$117/sqft vs ZIP $159 −26%
0.74 lender DSCR (est.)
Rent covers the estimated payment 0.74× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,016/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.

26% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$375,000List price
$2,016Rent estimate / mo
0.74Lender DSCR (est.)
$7,372Taxes / yr · county assessor
$159ZIP median $ / sqft
22/100Deal Score

Monthly picture (illustrative)

Rent est.$2,016
− Mortgage (P&I)−$1,967
− Taxes−$614
− Insurance−$156
= Cash flow before vacancy & repairs$-721

The numbers

Price
$375,000
$ / sq ft
$117 ZIP median $159
Rent estimate
$2,016/mo HUD fair-market rent
Property taxes
$7,372/yr 2% cap on assessed value $368,600
PITIA (assumed)
$2,737/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.74 rent ÷ PITIA · lender floor 1.20
Deal Score
22/100 26% under ZIP $/sqft

The property

Beds / baths
5 / 3.5
Living area
3,200 sq ft
Lot
8,276 sq ft
Year built
2016
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22124261
Listed
Sep 3, 2026
Days on market
30
Listing agent
Mohammed Abdulmajid · Alibaba, Realtors®
3173456848 · alibabarealtors@gmail.com
Price history
First asked $375,000
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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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