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54score
New
$125,000
MLS
Street view3259 Nicholas Ave
Indianapolis IN 46218 · Single Family · built 1955
2 bd1 ba1,330 sqft$94/sqft vs ZIP $140 −33%
1.28 lender DSCR (est.)
Rent covers the estimated payment 1.28× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,097/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 1.2833% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$125,000List price
$1,097Rent estimate / mo
1.28Lender DSCR (est.)
$1,832Taxes / yr · county assessor
$140ZIP median $ / sqft
54/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,097 |
| − Mortgage (P&I) | −$656 |
| − Taxes | −$153 |
| − Insurance | −$52 |
| = Cash flow before vacancy & repairs | $237 |
The numbers
- Price
- $125,000
- $ / sq ft
- $94 ZIP median $140
- Rent estimate
- $1,097/mo ZIP + bedroom comps
- Property taxes
- $1,832/yr 2% cap on assessed value $91,600
- PITIA (assumed)
- $860/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.28 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 54/100 DSCR 1.28 · 33% under ZIP $/sqft · new this week
The property
- Beds / baths
- 2 / 1
- Living area
- 1,330 sq ft
- Lot
- 20,473 sq ft
- Year built
- 1955
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22024016
- Listed
- Oct 7, 2026
- Days on market
- 3
- Listing agent
- Angie Daza · PRESTIGE VSA GROUP INC
7868972285 · angie@prestige1realty.com - Price history
- First asked $125,000
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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.