Street view of 3632 Luewan Dr
1 / 6
36score
New
$185,000
MLS Street view
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3632 Luewan Dr

Indianapolis IN 46235 · Single Family · built 1966
3 bd1.5 ba1,379 sqft$134/sqft vs ZIP $138 −3%
1.35 lender DSCR (est.)
Rent covers the estimated payment 1.35× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,740/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 1.35new this week
The underwriting

The numbers (estimates, illustrative)

$185,000List price
$1,740Rent estimate / mo
1.35Lender DSCR (est.)
$2,874Taxes / yr · county assessor
$138ZIP median $ / sqft
36/100Deal Score

Monthly picture (illustrative)

Rent est.$1,740
− Mortgage (P&I)−$970
− Taxes−$240
− Insurance−$77
= Cash flow before vacancy & repairs$453

The numbers

Price
$185,000
$ / sq ft
$134 ZIP median $138
Rent estimate
$1,740/mo ZIP + bedroom comps
Property taxes
$2,874/yr 2% cap on assessed value $143,700
PITIA (assumed)
$1,287/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.35 rent ÷ PITIA · lender floor 1.20
Deal Score
36/100 DSCR 1.35 · new this week

The property

Beds / baths
3 / 1.5
Living area
1,379 sq ft
Lot
11,761 sq ft
Year built
1966
Property type
Single Family
HOA
None on record
Flood zone
500
Registered rental
No

The listing

Source
Standard
MLS #
22120749
Listed
Oct 16, 2026
Days on market
2
Listing agent
Anna Hassler · Maywright Property Co.
3172596000 · anna.hassler@talktotucker.com
Price history
First asked $185,000
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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.

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