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30score
New
$190,000
MLS
Street view3601 S New Jersey St
Indianapolis IN 46227 · Single Family · built 1957
3 bd1 ba1,069 sqft$178/sqft vs ZIP $161 +10%
1.28 lender DSCR (est.)
Rent covers the estimated payment 1.28× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,710/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.
DSCR 1.28new this week
The underwriting
The numbers (estimates, illustrative)
$190,000List price
$1,710Rent estimate / mo
1.28Lender DSCR (est.)
$3,088Taxes / yr · county assessor
$161ZIP median $ / sqft
30/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,710 |
| − Mortgage (P&I) | −$996 |
| − Taxes | −$257 |
| − Insurance | −$79 |
| = Cash flow before vacancy & repairs | $377 |
The numbers
- Price
- $190,000
- $ / sq ft
- $178 ZIP median $161
- Rent estimate
- $1,710/mo ZIP + bedroom comps
- Property taxes
- $3,088/yr 2% cap on assessed value $154,400
- PITIA (assumed)
- $1,333/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.28 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 30/100 DSCR 1.28 · new this week
The property
- Beds / baths
- 3 / 1
- Living area
- 1,069 sq ft
- Lot
- 21,780 sq ft
- Year built
- 1957
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- 100
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22127247
- Listed
- Sep 25, 2026
- Days on market
- 7
- Listing agent
- Craig Deboor · Real Broker, LLC
3174450351 · craig@deboorgroup.com - Price history
- First asked $190,000
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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.