1 / 6
13score
↓ $5,000
$265,000
MLS
Street view3740-3732 Asbury St
Indianapolis IN 46227 · Multi-Family · built 1937
3 bd2 ba
1.05 lender DSCR (est.)
Rent covers the estimated payment 1.05× · walk-away floor 1.20 · low 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 assumed at 1.2% of price. Assumptions as of 2026-09-12.
price cut 2%
The underwriting
The numbers (estimates, illustrative)
$265,000List price
$1,850Rent estimate / mo
1.05Lender DSCR (est.)
$3,180Taxes / yr · assumed 1.2%
$156ZIP median $ / sqft
13/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,850 |
| − Mortgage (P&I) | −$1,390 |
| − Taxes | −$265 |
| − Insurance | −$110 |
| = Cash flow before vacancy & repairs | $85 |
The numbers
- Price
- $265,000
- $ / sq ft
- —
- Rent estimate
- $1,850/mo ZIP + bedroom comps
- Property taxes
- $3,180/yr assumed 1.2% of price
- PITIA (assumed)
- $1,765/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.05 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 13/100 price cut 2%
The property
- Beds / baths
- 3 / 2
- Living area
- —
- Lot
- 19,166 sq ft
- Year built
- 1937
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22122499
- Listed
- Aug 26, 2026
- Days on market
- 52
- Listing agent
- Antwon Culbreath · Redfin Corporation
3174595009 · twonamc@icloud.com - Price history
- First asked $270,000 · previously $270,000 cut $5,000
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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.