1 / 6
55score
↓ $7,600
$129,900
MLS
Street view3341 N Downey Ave
Indianapolis IN 46218 · Single Family · built 1946
3 bd1 ba864 sqft$150/sqft vs ZIP $138 +9%
1.60 lender DSCR (est.)
Rent covers the estimated payment 1.60× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,346/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 1.60price cut 6%
The underwriting
The numbers (estimates, illustrative)
$129,900List price
$1,346Rent estimate / mo
1.60Lender DSCR (est.)
$1,268Taxes / yr · county assessor
$138ZIP median $ / sqft
55/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,346 |
| − Mortgage (P&I) | −$681 |
| − Taxes | −$106 |
| − Insurance | −$54 |
| = Cash flow before vacancy & repairs | $505 |
The numbers
- Price
- $129,900
- $ / sq ft
- $150 ZIP median $138
- Rent estimate
- $1,346/mo ZIP + bedroom comps
- Property taxes
- $1,268/yr 2% cap on assessed value $63,400
- PITIA (assumed)
- $841/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.60 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 55/100 DSCR 1.60 · price cut 6%
The property
- Beds / baths
- 3 / 1
- Living area
- 864 sq ft
- Lot
- 11,326 sq ft
- Year built
- 1946
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- 500
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22101075
- Listed
- May 10, 2026
- Days on market
- 160
- Listing agent
- Austin Fish · Go Fish Realty
3176262829 · austin@gofishrealty.net - Price history
- First asked $137,500 · previously $137,500 cut $7,600
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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.