Street view of 3233 Ashland Ave
1 / 6
40score
New
$150,000
MLS Street view
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3233 Ashland Ave

Indianapolis IN 46226 · Single Family · built 1954
3 bd1.5 ba1,008 sqft$149/sqft vs ZIP $128 +16%
1.45 lender DSCR (est.)
Rent covers the estimated payment 1.45× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,425/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 1.45new this week
The underwriting

The numbers (estimates, illustrative)

$150,000List price
$1,425Rent estimate / mo
1.45Lender DSCR (est.)
$1,606Taxes / yr · county assessor
$128ZIP median $ / sqft
40/100Deal Score

Monthly picture (illustrative)

Rent est.$1,425
− Mortgage (P&I)−$787
− Taxes−$134
− Insurance−$63
= Cash flow before vacancy & repairs$442

The numbers

Price
$150,000
$ / sq ft
$149 ZIP median $128
Rent estimate
$1,425/mo ZIP + bedroom comps
Property taxes
$1,606/yr 2% cap on assessed value $80,300
PITIA (assumed)
$983/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.45 rent ÷ PITIA · lender floor 1.20
Deal Score
40/100 DSCR 1.45 · new this week

The property

Beds / baths
3 / 1.5
Living area
1,008 sq ft
Lot
15,682 sq ft
Year built
1954
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22128638
Listed
Oct 2, 2026
Days on market
1
Listing agent
Rebecca Hameda · The Stewart Home Group
3179464944 · rebecca@thestewarthomegroup.com
Price history
First asked $150,000
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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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