1 / 6
68score
↓ $9,600
$89,900
MLS
Street view3209 N Tacoma Ave
Indianapolis IN 46218 · Single Family · built 1949
2 bd1 ba744 sqft$121/sqft vs ZIP $138 −12%
1.69 lender DSCR (est.)
Rent covers the estimated payment 1.69× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,073/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 1.6912% under ZIP $/sqftprice cut 11%registered rental
The underwriting
The numbers (estimates, illustrative)
$89,900List price
$1,073Rent estimate / mo
1.69Lender DSCR (est.)
$1,534Taxes / yr · county assessor
$138ZIP median $ / sqft
68/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,073 |
| − Mortgage (P&I) | −$471 |
| − Taxes | −$128 |
| − Insurance | −$37 |
| = Cash flow before vacancy & repairs | $436 |
The numbers
- Price
- $89,900
- $ / sq ft
- $121 ZIP median $138
- Rent estimate
- $1,073/mo ZIP + bedroom comps
- Property taxes
- $1,534/yr 2% cap on assessed value $76,700
- PITIA (assumed)
- $637/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.69 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 68/100 DSCR 1.69 · 12% under ZIP $/sqft · price cut 11% · registered rental
The property
- Beds / baths
- 2 / 1
- Living area
- 744 sq ft
- Lot
- 6,534 sq ft
- Year built
- 1949
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22071522
- Listed
- Nov 3, 2025
- Days on market
- 348
- Listing agent
- Fred Krawczyk · Envoy Real Estate, LLC
3172944425 · fred@indyhouses.net - Price history
- First asked $99,500 · previously $99,500 cut $9,600
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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.