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73score
New
$120,000
MLS
Street view3414 Ellen Dr
Indianapolis IN 46224 · Single Family · built 1960
3 bd1 ba1,397 sqft$86/sqft vs ZIP $162 −47%
1.80 lender DSCR (est.)
Rent covers the estimated payment 1.80× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,680/mo (rent 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 1.8047% under ZIP $/sqftverify conditionnew this week
The underwriting
The numbers (estimates, illustrative)
$120,000List price
$1,680Rent estimate / mo
1.80Lender DSCR (est.)
$3,048Taxes / yr · county assessor
$162ZIP median $ / sqft
73/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,680 |
| − Mortgage (P&I) | −$629 |
| − Taxes | −$254 |
| − Insurance | −$50 |
| = Cash flow before vacancy & repairs | $747 |
The numbers
- Price
- $120,000
- $ / sq ft
- $86 ZIP median $162
- Rent estimate
- $1,680/mo rent comps
- Property taxes
- $3,048/yr 2% cap on assessed value $152,400
- PITIA (assumed)
- $933/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.80 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 73/100 DSCR 1.80 · 47% under ZIP $/sqft · verify condition · new this week
The property
- Beds / baths
- 3 / 1
- Living area
- 1,397 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1960
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22127166
- Listed
- Sep 24, 2026
- Days on market
- 6
- Listing agent
- Stephen Ferguson · F.C. Tucker Company - Carmel
3174459277 · customerservice@talktotucker.com - Price history
- First asked $120,000
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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.