1 / 6
44score
↓ $11,777
$150,000
MLS
Street view3528 Dr Martin Luther King Jr St
Indianapolis IN 46208 · Single Family · built 1910
2 bd2 ba1,628 sqft$92/sqft vs ZIP $126 −27%
1.08 lender DSCR (est.)
Rent covers the estimated payment 1.08× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,075/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
27% under ZIP $/sqftprice cut 8%
The underwriting
The numbers (estimates, illustrative)
$150,000List price
$1,075Rent estimate / mo
1.08Lender DSCR (est.)
$1,800Taxes / yr · assumed 1.2%
$126ZIP median $ / sqft
44/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,075 |
| − Mortgage (P&I) | −$787 |
| − Taxes | −$150 |
| − Insurance | −$63 |
| = Cash flow before vacancy & repairs | $76 |
The numbers
- Price
- $150,000
- $ / sq ft
- $92 ZIP median $126
- Rent estimate
- $1,075/mo ZIP + bedroom comps
- Property taxes
- $1,800/yr assumed 1.2% of price
- PITIA (assumed)
- $999/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.08 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 44/100 27% under ZIP $/sqft · price cut 8%
The property
- Beds / baths
- 2 / 2
- Living area
- 1,628 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1910
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22119168
- Listed
- Aug 10, 2026
- Days on market
- 68
- Listing agent
- Kerri Sarver · F.C. Tucker Company - Keystone at the Crossing
3178444200 · ksarver@talktotucker.com - Price history
- First asked $161,777 · previously $158,000 cut $11,777
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.