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28score
New↓ $17,500
$225,000
MLS
Street view3540 Adams St
Indianapolis IN 46218 · Single Family · built 1956
4 bd2 ba1,560 sqft$144/sqft vs ZIP $138 +5%
1.10 lender DSCR (est.)
Rent covers the estimated payment 1.10× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,600/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 8%new this week
The underwriting
The numbers (estimates, illustrative)
$225,000List price
$1,600Rent estimate / mo
1.10Lender DSCR (est.)
$2,210Taxes / yr · county assessor
$138ZIP median $ / sqft
28/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,600 |
| − Mortgage (P&I) | −$1,180 |
| − Taxes | −$184 |
| − Insurance | −$94 |
| = Cash flow before vacancy & repairs | $142 |
The numbers
- Price
- $225,000
- $ / sq ft
- $144 ZIP median $138
- Rent estimate
- $1,600/mo ZIP + bedroom comps
- Property taxes
- $2,210/yr 2% cap on assessed value $110,500
- PITIA (assumed)
- $1,458/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.10 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 28/100 price cut 8% · new this week
The property
- Beds / baths
- 4 / 2
- Living area
- 1,560 sq ft
- Lot
- 9,148 sq ft
- Year built
- 1956
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22129925
- Listed
- Oct 13, 2026
- Days on market
- 5
- Listing agent
- Shawnna West Howard · F.C. Tucker Company - Carmel
3178467751 · shawnna.west@talktotucker.com - Price history
- First asked $242,500 · previously $237,500 cut $17,500
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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.