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31score
$189,900
MLS
Street view3745 S Emerson Ave
Indianapolis IN 46203 · Single Family · built 1950
2 bd2 ba1,858 sqft$102/sqft vs ZIP $168 −39%
0.99 lender DSCR (est.)
Rent covers the estimated payment 0.99× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,248/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.
39% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$189,900List price
$1,248Rent estimate / mo
0.99Lender DSCR (est.)
$2,276Taxes / yr · county assessor
$168ZIP median $ / sqft
31/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,248 |
| − Mortgage (P&I) | −$996 |
| − Taxes | −$190 |
| − Insurance | −$79 |
| = Cash flow before vacancy & repairs | $-17 |
The numbers
- Price
- $189,900
- $ / sq ft
- $102 ZIP median $168
- Rent estimate
- $1,248/mo ZIP + bedroom comps
- Property taxes
- $2,276/yr 2% cap on assessed value $113,800
- PITIA (assumed)
- $1,265/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.99 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 31/100 39% under ZIP $/sqft
The property
- Beds / baths
- 2 / 2
- Living area
- 1,858 sq ft
- Lot
- 17,424 sq ft
- Year built
- 1950
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22103194
- Listed
- May 22, 2026
- Days on market
- 148
- Listing agent
- Trent J. Whittington · @properties
3177557055 · trent@whittingtonco.com - Price history
- First asked $189,900
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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.