1 / 6
35score
↓ $20,000
$120,000
MLS
Street view3148 Indianapolis Ave
Indianapolis IN 46208 · Single Family · built 1925
2 bd1 ba834 sqft$144/sqft vs ZIP $126 +14%
1.28 lender DSCR (est.)
Rent covers the estimated payment 1.28× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,075/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 1.28price cut 17%
The underwriting
The numbers (estimates, illustrative)
$120,000List price
$1,075Rent estimate / mo
1.28Lender DSCR (est.)
$1,898Taxes / yr · county assessor
$126ZIP median $ / sqft
35/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,075 |
| − Mortgage (P&I) | −$629 |
| − Taxes | −$158 |
| − Insurance | −$50 |
| = Cash flow before vacancy & repairs | $238 |
The numbers
- Price
- $120,000
- $ / sq ft
- $144 ZIP median $126
- Rent estimate
- $1,075/mo ZIP + bedroom comps
- Property taxes
- $1,898/yr 2% cap on assessed value $94,900
- PITIA (assumed)
- $837/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.28 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 35/100 DSCR 1.28 · price cut 17%
The property
- Beds / baths
- 2 / 1
- Living area
- 834 sq ft
- Lot
- 4,792 sq ft
- Year built
- 1925
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22116264
- Listed
- Jul 29, 2026
- Days on market
- 80
- Listing agent
- Kalliopi Nikou · @properties
3173799227 · kalliopi@home-sweet-hoosier.com - Price history
- First asked $140,000 · previously $140,000 cut $20,000
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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.