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49score
$375,000
MLS
Street view3641 Watson Rd
Indianapolis IN 46205 · Single Family · built 1928
4 bd3.5 ba2,908 sqft$129/sqft vs ZIP $165 −22%
1.38 lender DSCR (est.)
Rent covers the estimated payment 1.38× · 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.
DSCR 1.3822% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$375,000List price
$3,600Rent estimate / mo
1.38Lender DSCR (est.)
$5,864Taxes / yr · county assessor
$165ZIP median $ / sqft
49/100Deal Score
Monthly picture (illustrative)
| Rent est. | $3,600 |
| − Mortgage (P&I) | −$1,967 |
| − Taxes | −$489 |
| − Insurance | −$156 |
| = Cash flow before vacancy & repairs | $989 |
The numbers
- Price
- $375,000
- $ / sq ft
- $129 ZIP median $165
- Rent estimate
- $3,600/mo ZIP + bedroom comps
- Property taxes
- $5,864/yr 2% cap on assessed value $293,200
- PITIA (assumed)
- $2,611/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.38 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 49/100 DSCR 1.38 · 22% under ZIP $/sqft
The property
- Beds / baths
- 4 / 3.5
- Living area
- 2,908 sq ft
- Lot
- 10,890 sq ft
- Year built
- 1928
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22130029
- Listed
- Oct 7, 2026
- Days on market
- 25
- Listing agent
- Amelia Akers · Highgarden Real Estate
3172054320 · millie@truebloodre.com - Price history
- First asked $375,000
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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.