1 / 6
27score
↓ $10,000
$230,000
MLS
Street view3570 Christopher Ln
Indianapolis IN 46224 · Single Family · built 1959
4 bd2 ba1,421 sqft$162/sqft vs ZIP $159 +2%
1.19 lender DSCR (est.)
Rent covers the estimated payment 1.19× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,872/mo (HUD fair-market rent) ÷ 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 4%
The underwriting
The numbers (estimates, illustrative)
$230,000List price
$1,872Rent estimate / mo
1.19Lender DSCR (est.)
$3,332Taxes / yr · county assessor
$159ZIP median $ / sqft
27/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,872 |
| − Mortgage (P&I) | −$1,206 |
| − Taxes | −$278 |
| − Insurance | −$96 |
| = Cash flow before vacancy & repairs | $292 |
The numbers
- Price
- $230,000
- $ / sq ft
- $162 ZIP median $159
- Rent estimate
- $1,872/mo HUD fair-market rent
- Property taxes
- $3,332/yr 2% cap on assessed value $166,600
- PITIA (assumed)
- $1,580/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.19 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 27/100 price cut 4%
The property
- Beds / baths
- 4 / 2
- Living area
- 1,421 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1959
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22117273
- Listed
- Jul 30, 2026
- Days on market
- 79
- Listing agent
- Perla Palma Nunez · Keller Williams Indy Metro S
3176921998 · ppalma@callcarpenter.com - Price history
- First asked $240,000 · previously $240,000 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.