1 / 6
11score
↓ $4,000
$255,900
MLS
Street view3539 E Southport Rd
Indianapolis IN 46227 · Single Family · built 1967
3 bd2 ba1,439 sqft$178/sqft vs ZIP $156 +14%
1.02 lender DSCR (est.)
Rent covers the estimated payment 1.02× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,850/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 2%
The underwriting
The numbers (estimates, illustrative)
$255,900List price
$1,850Rent estimate / mo
1.02Lender DSCR (est.)
$4,364Taxes / yr · county assessor
$156ZIP median $ / sqft
11/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,850 |
| − Mortgage (P&I) | −$1,342 |
| − Taxes | −$364 |
| − Insurance | −$107 |
| = Cash flow before vacancy & repairs | $38 |
The numbers
- Price
- $255,900
- $ / sq ft
- $178 ZIP median $156
- Rent estimate
- $1,850/mo ZIP + bedroom comps
- Property taxes
- $4,364/yr 2% cap on assessed value $218,200
- PITIA (assumed)
- $1,812/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.02 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 11/100 price cut 2%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,439 sq ft
- Lot
- 14,810 sq ft
- Year built
- 1967
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22111284
- Listed
- Jul 2, 2026
- Days on market
- 107
- Listing agent
- Michelle Anderson · Bold Realty LLC
3145802781 · boldrealtyllc@gmail.com - Price history
- First asked $259,900 · previously $259,900 cut $4,000
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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.