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39score
$175,000
MLS
Street view3759 Black Locust Dr
Indianapolis IN 46235 · Single Family · built 1994
3 bd2 ba1,392 sqft$126/sqft vs ZIP $138 −9%
1.31 lender DSCR (est.)
Rent covers the estimated payment 1.31× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,740/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 1.319% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$175,000List price
$1,740Rent estimate / mo
1.31Lender DSCR (est.)
$4,032Taxes / yr · county assessor
$138ZIP median $ / sqft
39/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,740 |
| − Mortgage (P&I) | −$918 |
| − Taxes | −$336 |
| − Insurance | −$73 |
| = Cash flow before vacancy & repairs | $413 |
The numbers
- Price
- $175,000
- $ / sq ft
- $126 ZIP median $138
- Rent estimate
- $1,740/mo ZIP + bedroom comps
- Property taxes
- $4,032/yr 2% cap on assessed value $201,600
- PITIA (assumed)
- $1,327/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.31 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 39/100 DSCR 1.31 · 9% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 3 / 2
- Living area
- 1,392 sq ft
- Lot
- 11,326 sq ft
- Year built
- 1994
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22103250
- Listed
- May 20, 2026
- Days on market
- 150
- Listing agent
- Daniel Witte · Witte Realty Group LLC
3177523330 · dwitte@witterealtygroup.com - Price history
- First asked $175,000
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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.