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13score
New
$149,900
MLS
Street view3305 Ashland Ave
Indianapolis IN 46226 · Single Family · built 1954
2 bd1.5 ba1,120 sqft$134/sqft vs ZIP $122 +10%
0.90 lender DSCR (est.)
Rent covers the estimated payment 0.90× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $995/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 weekbelow assessed valueregistered rental
The underwriting
The numbers (estimates, illustrative)
$149,900List price
$995Rent estimate / mo
0.90Lender DSCR (est.)
$3,034Taxes / yr · county assessor
$122ZIP median $ / sqft
13/100Deal Score
Monthly picture (illustrative)
| Rent est. | $995 |
| − Mortgage (P&I) | −$786 |
| − Taxes | −$253 |
| − Insurance | −$62 |
| = Cash flow before vacancy & repairs | $-106 |
The numbers
- Price
- $149,900
- $ / sq ft
- $134 ZIP median $122
- Rent estimate
- $995/mo ZIP + bedroom comps
- Property taxes
- $3,034/yr 2% cap on assessed value $151,700
- PITIA (assumed)
- $1,101/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.90 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 13/100 new this week · below assessed value · registered rental
The property
- Beds / baths
- 2 / 1.5
- Living area
- 1,120 sq ft
- Lot
- 15,682 sq ft
- Year built
- 1954
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22131843
- Listed
- Oct 28, 2026
- Days on market
- 4
- Listing agent
- Adam Woodring · MAINSTAY BROKERAGE LLC
9318017210 · listings@mainstay.io - Price history
- First asked $149,900
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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.