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10score
New
$589,500
MLS
Street view3610 Watson Way
Indianapolis IN 46205 · Single Family · built 1931
4 bd3.5 ba2,544 sqft$232/sqft vs ZIP $165 +40%
0.97 lender DSCR (est.)
Rent covers the estimated payment 0.97× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $3,600/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.
new this week
The underwriting
The numbers (estimates, illustrative)
$589,500List price
$3,600Rent estimate / mo
0.97Lender DSCR (est.)
$4,378Taxes / yr · county assessor
$165ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $3,600 |
| − Mortgage (P&I) | −$3,091 |
| − Taxes | −$365 |
| − Insurance | −$246 |
| = Cash flow before vacancy & repairs | $-102 |
The numbers
- Price
- $589,500
- $ / sq ft
- $232 ZIP median $165
- Rent estimate
- $3,600/mo ZIP + bedroom comps
- Property taxes
- $4,378/yr 2% cap on assessed value $218,900
- PITIA (assumed)
- $3,702/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.97 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 new this week
The property
- Beds / baths
- 4 / 3.5
- Living area
- 2,544 sq ft
- Lot
- 16,117 sq ft
- Year built
- 1931
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22134316
- Listed
- Oct 31, 2026
- Days on market
- 2
- Listing agent
- Donna Diercks · United Real Estate Indpls
3175139053 · homes@donnadiercks.com - Price history
- First asked $589,500
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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.