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41score
New
$147,000
MLS
Street view3609 N Lesley Ave
Indianapolis IN 46218 · Single Family · built 1950
2 bd1.5 ba1,916 sqft$77/sqft vs ZIP $138 −44%
1.07 lender DSCR (est.)
Rent covers the estimated payment 1.07× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,095/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.
44% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$147,000List price
$1,095Rent estimate / mo
1.07Lender DSCR (est.)
$2,264Taxes / yr · county assessor
$138ZIP median $ / sqft
41/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,095 |
| − Mortgage (P&I) | −$771 |
| − Taxes | −$189 |
| − Insurance | −$61 |
| = Cash flow before vacancy & repairs | $74 |
The numbers
- Price
- $147,000
- $ / sq ft
- $77 ZIP median $138
- Rent estimate
- $1,095/mo ZIP + bedroom comps
- Property taxes
- $2,264/yr 2% cap on assessed value $113,200
- PITIA (assumed)
- $1,021/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.07 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 41/100 44% under ZIP $/sqft · new this week
The property
- Beds / baths
- 2 / 1.5
- Living area
- 1,916 sq ft
- Lot
- 8,276 sq ft
- Year built
- 1950
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22133368
- Listed
- Oct 26, 2026
- Days on market
- 4
- Listing agent
- Karen Kelly · Compass of Indiana, LLC
3174965759 · kkelly@karenmovesindy.com - Price history
- First asked $147,000
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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.