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15score
$223,000
MLS
Street view3708 Fredricksburg Dr
Indianapolis IN 46227 · Single Family · built 1999
3 bd2 ba1,030 sqft$217/sqft vs ZIP $156 +39%
1.14 lender DSCR (est.)
Rent covers the estimated payment 1.14× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,850/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.
The underwriting
The numbers (estimates, illustrative)
$223,000List price
$1,850Rent estimate / mo
1.14Lender DSCR (est.)
$4,072Taxes / yr · county assessor
$156ZIP median $ / sqft
15/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,850 |
| − Mortgage (P&I) | −$1,169 |
| − Taxes | −$339 |
| − Insurance | −$93 |
| − HOA | −$21 |
| = Cash flow before vacancy & repairs | $227 |
The numbers
- Price
- $223,000
- $ / sq ft
- $217 ZIP median $156
- Rent estimate
- $1,850/mo ZIP + bedroom comps
- Property taxes
- $4,072/yr 2% cap on assessed value $203,600
- PITIA (assumed)
- $1,623/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $21/mo
- Lender DSCR (est.)
- 1.14 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 15/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,030 sq ft
- Lot
- 6,534 sq ft
- Year built
- 1999
- Property type
- Single Family
- HOA
- $21/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22096365
- Listed
- Jul 11, 2026
- Days on market
- 98
- Listing agent
- Van Thawng · Diamond Stars Realty LLC
3177724178 · vmthawng@gmail.com - Price history
- First asked $223,000
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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.