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40score
New
$249,000
MLS
Street view3232 W 56th St
Indianapolis IN 46228 · Single Family · built 1948
4 bd2 ba1,847 sqft$135/sqft vs ZIP $143 −6%
1.36 lender DSCR (est.)
Rent covers the estimated payment 1.36× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,283/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.
DSCR 1.36new this week
The underwriting
The numbers (estimates, illustrative)
$249,000List price
$2,283Rent estimate / mo
1.36Lender DSCR (est.)
$3,218Taxes / yr · county assessor
$143ZIP median $ / sqft
40/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,283 |
| − Mortgage (P&I) | −$1,306 |
| − Taxes | −$268 |
| − Insurance | −$104 |
| = Cash flow before vacancy & repairs | $605 |
The numbers
- Price
- $249,000
- $ / sq ft
- $135 ZIP median $143
- Rent estimate
- $2,283/mo HUD fair-market rent
- Property taxes
- $3,218/yr 2% cap on assessed value $160,900
- PITIA (assumed)
- $1,678/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.36 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 40/100 DSCR 1.36 · new this week
The property
- Beds / baths
- 4 / 2
- Living area
- 1,847 sq ft
- Lot
- 15,682 sq ft
- Year built
- 1948
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22133884
- Listed
- Oct 29, 2026
- Days on market
- 3
- Listing agent
- Reuben Upadhyay · Better Homes and Gardens Real Estate Gold Key
8123416609 · reubenupadhyay2003@gmail.com - Price history
- First asked $249,000
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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.