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43score
↓ $3,000
$186,900
MLS
Street view3326 Gerrard Ave
Indianapolis IN 46224 · Single Family · built 1958
3 bd1.5 ba1,517 sqft$123/sqft vs ZIP $159 −23%
1.23 lender DSCR (est.)
Rent covers the estimated payment 1.23× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,685/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 1.2322% under ZIP $/sqftprice cut 2%
The underwriting
The numbers (estimates, illustrative)
$186,900List price
$1,685Rent estimate / mo
1.23Lender DSCR (est.)
$3,714Taxes / yr · county assessor
$159ZIP median $ / sqft
43/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,685 |
| − Mortgage (P&I) | −$980 |
| − Taxes | −$310 |
| − Insurance | −$78 |
| = Cash flow before vacancy & repairs | $318 |
The numbers
- Price
- $186,900
- $ / sq ft
- $123 ZIP median $159
- Rent estimate
- $1,685/mo ZIP + bedroom comps
- Property taxes
- $3,714/yr 2% cap on assessed value $185,700
- PITIA (assumed)
- $1,367/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.23 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 43/100 DSCR 1.23 · 22% under ZIP $/sqft · price cut 2%
The property
- Beds / baths
- 3 / 1.5
- Living area
- 1,517 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1958
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22105982
- Listed
- Jun 5, 2026
- Days on market
- 134
- Listing agent
- Maria Zegarra Giraldo · Keller Williams Indy Metro W
3172949699 · mateomf@outlook.com - Price history
- First asked $189,900 · previously $189,900 cut $3,000
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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.