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60score
$160,000
MLS
Street view3532 Evergreen Ave
Indianapolis IN 46205 · Single Family · built 1920
4 bd1.5 ba2,096 sqft$76/sqft vs ZIP $165 −54%
1.93 lender DSCR (est.)
Rent covers the estimated payment 1.93× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,240/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 1.9354% under ZIP $/sqftverify condition
The underwriting
The numbers (estimates, illustrative)
$160,000List price
$2,240Rent estimate / mo
1.93Lender DSCR (est.)
$3,088Taxes / yr · county assessor
$165ZIP median $ / sqft
60/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,240 |
| − Mortgage (P&I) | −$839 |
| − Taxes | −$257 |
| − Insurance | −$67 |
| = Cash flow before vacancy & repairs | $1,077 |
The numbers
- Price
- $160,000
- $ / sq ft
- $76 ZIP median $165
- Rent estimate
- $2,240/mo rent comps
- Property taxes
- $3,088/yr 2% cap on assessed value $154,400
- PITIA (assumed)
- $1,163/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.93 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 60/100 DSCR 1.93 · 54% under ZIP $/sqft · verify condition
The property
- Beds / baths
- 4 / 1.5
- Living area
- 2,096 sq ft
- Lot
- 7,841 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 #
- 22120296
- Listed
- Aug 19, 2026
- Days on market
- 59
- Listing agent
- Andrew Hehman · eXp Realty, LLC
8123440722 · andy@locksteprealty.com - Price history
- First asked $160,000
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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.