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5score
New
$399,999
MLS
Street view3235 E Loretta Dr
Indianapolis IN 46227 · Single Family · built 1958
3 bd2 ba2,050 sqft$195/sqft vs ZIP $158 +23%
0.69 lender DSCR (est.)
Rent covers the estimated payment 0.69× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,863/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.
new this week
The underwriting
The numbers (estimates, illustrative)
$399,999List price
$1,863Rent estimate / mo
0.69Lender DSCR (est.)
$5,206Taxes / yr · county assessor
$158ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,863 |
| − Mortgage (P&I) | −$2,098 |
| − Taxes | −$434 |
| − Insurance | −$167 |
| = Cash flow before vacancy & repairs | $-835 |
The numbers
- Price
- $399,999
- $ / sq ft
- $195 ZIP median $158
- Rent estimate
- $1,863/mo ZIP + bedroom comps
- Property taxes
- $5,206/yr 2% cap on assessed value $260,300
- PITIA (assumed)
- $2,698/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.69 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 new this week
The property
- Beds / baths
- 3 / 2
- Living area
- 2,050 sq ft
- Lot
- 52,272 sq ft
- Year built
- 1958
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22134049
- Listed
- Oct 30, 2026
- Days on market
- 3
- Listing agent
- Miguel Rodriguez · Keller Williams Indy Metro W
3175002553 · miguelrodriguez11182@yahoo.com - Price history
- First asked $399,999
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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.