Street view of 3339 S Lyons Ave
1 / 6
6score
↓ $5,000
$159,900
MLS Street view
Search photos

3339 S Lyons Ave

Indianapolis IN 46221 · Single Family · built 1940
2 bd1 ba912 sqft$175/sqft vs ZIP $147 +19%
0.85 lender DSCR (est.)
Rent covers the estimated payment 0.85× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $950/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.

price cut 3%
The underwriting

The numbers (estimates, illustrative)

$159,900List price
$950Rent estimate / mo
0.85Lender DSCR (est.)
$2,616Taxes / yr · county assessor
$147ZIP median $ / sqft
6/100Deal Score

Monthly picture (illustrative)

Rent est.$950
− Mortgage (P&I)−$839
− Taxes−$218
− Insurance−$67
= Cash flow before vacancy & repairs$-173

The numbers

Price
$159,900
$ / sq ft
$175 ZIP median $147
Rent estimate
$950/mo ZIP + bedroom comps
Property taxes
$2,616/yr 2% cap on assessed value $130,800
PITIA (assumed)
$1,123/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.85 rent ÷ PITIA · lender floor 1.20
Deal Score
6/100 price cut 3%

The property

Beds / baths
2 / 1
Living area
912 sq ft
Lot
11,326 sq ft
Year built
1940
Property type
Single Family
HOA
None on record
Flood zone
100
Registered rental
No

The listing

Source
Standard
MLS #
22110768
Listed
Jun 27, 2026
Days on market
112
Listing agent
Tamara Bozarth · Picket Fence Realty
3178899336 · tdbozarth@realtor.com
Price history
First asked $164,900 · previously $164,900 cut $5,000
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad