1 / 6
53score
↓ $6,250
$118,750
MLS
Street view3528 Lambert St
Indianapolis IN 46241 · Single Family · built 1951
2 bd1 ba936 sqft$127/sqft vs ZIP $157 −19%
1.24 lender DSCR (est.)
Rent covers the estimated payment 1.24× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,082/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 1.2419% under ZIP $/sqftprice cut 5%below assessed value
The underwriting
The numbers (estimates, illustrative)
$118,750List price
$1,082Rent estimate / mo
1.24Lender DSCR (est.)
$2,376Taxes / yr · county assessor
$157ZIP median $ / sqft
53/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,082 |
| − Mortgage (P&I) | −$623 |
| − Taxes | −$198 |
| − Insurance | −$49 |
| = Cash flow before vacancy & repairs | $212 |
The numbers
- Price
- $118,750
- $ / sq ft
- $127 ZIP median $157
- Rent estimate
- $1,082/mo ZIP + bedroom comps
- Property taxes
- $2,376/yr 2% cap on assessed value $118,800
- PITIA (assumed)
- $870/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.24 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 53/100 DSCR 1.24 · 19% under ZIP $/sqft · price cut 5% · below assessed value
The property
- Beds / baths
- 2 / 1
- Living area
- 936 sq ft
- Lot
- 11,761 sq ft
- Year built
- 1951
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22122522
- Listed
- Aug 26, 2026
- Days on market
- 52
- Listing agent
- Canull Group LLC
3174963632 · zac@canull-group.com - Price history
- First asked $125,000 · previously $123,750 cut $6,250
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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.