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33score
New↓ $10,000
$169,900
MLS
Street view3531 N Bancroft St
Indianapolis IN 46218 · Single Family · built 1949
3 bd1 ba1,256 sqft$135/sqft vs ZIP $138 −2%
1.16 lender DSCR (est.)
Rent covers the estimated payment 1.16× · 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.
price cut 6%new this week
The underwriting
The numbers (estimates, illustrative)
$169,900List price
$1,346Rent estimate / mo
1.16Lender DSCR (est.)
$2,370Taxes / yr · county assessor
$138ZIP median $ / sqft
33/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,346 |
| − Mortgage (P&I) | −$891 |
| − Taxes | −$198 |
| − Insurance | −$71 |
| = Cash flow before vacancy & repairs | $187 |
The numbers
- Price
- $169,900
- $ / sq ft
- $135 ZIP median $138
- Rent estimate
- $1,346/mo ZIP + bedroom comps
- Property taxes
- $2,370/yr 2% cap on assessed value $118,500
- PITIA (assumed)
- $1,159/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.16 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 33/100 price cut 6% · new this week
The property
- Beds / baths
- 3 / 1
- Living area
- 1,256 sq ft
- Lot
- 7,405 sq ft
- Year built
- 1949
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131065
- Listed
- Oct 12, 2026
- Days on market
- 6
- Listing agent
- Randy Placencia · Red Bridge Real Estate
3178004342 · randy@redbridgerealestate.com - Price history
- First asked $179,900 · previously $179,900 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.