Street view of 3643 Welch Dr
1 / 6
49score
New
$155,000
MLS Street view
Search photos

3643 Welch Dr

Indianapolis IN 46224 · Single Family · built 1958
3 bd1 ba925 sqft$168/sqft vs ZIP $162 +3%
1.58 lender DSCR (est.)
Rent covers the estimated payment 1.58× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,685/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 1.58new this week
The underwriting

The numbers (estimates, illustrative)

$155,000List price
$1,685Rent estimate / mo
1.58Lender DSCR (est.)
$2,242Taxes / yr · county assessor
$162ZIP median $ / sqft
49/100Deal Score

Monthly picture (illustrative)

Rent est.$1,685
− Mortgage (P&I)−$813
− Taxes−$187
− Insurance−$65
= Cash flow before vacancy & repairs$621

The numbers

Price
$155,000
$ / sq ft
$168 ZIP median $162
Rent estimate
$1,685/mo ZIP + bedroom comps
Property taxes
$2,242/yr 2% cap on assessed value $112,100
PITIA (assumed)
$1,064/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.58 rent ÷ PITIA · lender floor 1.20
Deal Score
49/100 DSCR 1.58 · new this week

The property

Beds / baths
3 / 1
Living area
925 sq ft
Lot
6,534 sq ft
Year built
1958
Property type
Single Family
HOA
None on record
Flood zone
100
Registered rental
No

The listing

Source
Standard
MLS #
22129218
Listed
Oct 1, 2026
Days on market
2
Listing agent
Carlson Tyce · eXp Realty, LLC
3173405060 · tycecarlson@aol.com
Price history
First asked $155,000
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad