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37score
New
$250,000
MLS
Street view3227 E Southport Rd
Indianapolis IN 46227 · Single Family · built 1958
3 bd1.5 ba2,168 sqft$115/sqft vs ZIP $156 −26%
0.98 lender DSCR (est.)
Rent covers the estimated payment 0.98× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,850/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.
26% under ZIP $/sqftnew this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$250,000List price
$1,850Rent estimate / mo
0.98Lender DSCR (est.)
$5,704Taxes / yr · county assessor
$156ZIP median $ / sqft
37/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,850 |
| − Mortgage (P&I) | −$1,311 |
| − Taxes | −$475 |
| − Insurance | −$104 |
| = Cash flow before vacancy & repairs | $-41 |
The numbers
- Price
- $250,000
- $ / sq ft
- $115 ZIP median $156
- Rent estimate
- $1,850/mo ZIP + bedroom comps
- Property taxes
- $5,704/yr 2% cap on assessed value $285,200
- PITIA (assumed)
- $1,891/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.98 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 37/100 26% under ZIP $/sqft · new this week · below assessed value
The property
- Beds / baths
- 3 / 1.5
- Living area
- 2,168 sq ft
- Lot
- 29,621 sq ft
- Year built
- 1958
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131438
- Listed
- Oct 14, 2026
- Days on market
- 4
- Listing agent
- Noah Kirsch · 1 Percent Lists Indiana Real Estate
6087322441 · noah.kirsch@1percentlists.com - Price history
- First asked $250,000
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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.