Street view of 3428 N Kenwood Ave
1 / 6
62score
↓ $10,000
$199,900
MLS Street view
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3428 N Kenwood Ave

Indianapolis IN 46208 · Single Family · built 1920
4 bd2 ba1,914 sqft$104/sqft vs ZIP $126 −17%
1.48 lender DSCR (est.)
Rent covers the estimated payment 1.48× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $2,000/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 1.4817% under ZIP $/sqftprice cut 5%
The underwriting

The numbers (estimates, illustrative)

$199,900List price
$2,000Rent estimate / mo
1.48Lender DSCR (est.)
$2,636Taxes / yr · county assessor
$126ZIP median $ / sqft
62/100Deal Score

Monthly picture (illustrative)

Rent est.$2,000
− Mortgage (P&I)−$1,048
− Taxes−$220
− Insurance−$83
= Cash flow before vacancy & repairs$649

The numbers

Price
$199,900
$ / sq ft
$104 ZIP median $126
Rent estimate
$2,000/mo ZIP + bedroom comps
Property taxes
$2,636/yr 2% cap on assessed value $131,800
PITIA (assumed)
$1,351/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.48 rent ÷ PITIA · lender floor 1.20
Deal Score
62/100 DSCR 1.48 · 17% under ZIP $/sqft · price cut 5%

The property

Beds / baths
4 / 2
Living area
1,914 sq ft
Lot
5,227 sq ft
Year built
1920
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22105822
Listed
Jun 4, 2026
Days on market
149
Listing agent
Hayley Wild · Compass of Indiana, LLC
3174057915 · hwild@callcarpenter.com
Price history
First asked $209,900 · previously $209,900 cut $10,000
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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.

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