1 / 6
17score
↓ $20,000
$289,900
MLS
Street view3805 Byram Ave
Indianapolis IN 46208 · Single Family · built 1952
3 bd2.5 ba2,519 sqft$115/sqft vs ZIP $126 −9%
0.64 lender DSCR (est.)
Rent covers the estimated payment 0.64× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,350/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.
9% under ZIP $/sqftprice cut 7%
The underwriting
The numbers (estimates, illustrative)
$289,900List price
$1,350Rent estimate / mo
0.64Lender DSCR (est.)
$5,710Taxes / yr · county assessor
$126ZIP median $ / sqft
17/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,350 |
| − Mortgage (P&I) | −$1,520 |
| − Taxes | −$476 |
| − Insurance | −$121 |
| = Cash flow before vacancy & repairs | $-767 |
The numbers
- Price
- $289,900
- $ / sq ft
- $115 ZIP median $126
- Rent estimate
- $1,350/mo ZIP + bedroom comps
- Property taxes
- $5,710/yr 2% cap on assessed value $285,500
- PITIA (assumed)
- $2,117/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.64 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 17/100 9% under ZIP $/sqft · price cut 7%
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,519 sq ft
- Lot
- 9,148 sq ft
- Year built
- 1952
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22108163
- Listed
- Jun 15, 2026
- Days on market
- 124
- Listing agent
- Brian Pachciarz · Blp Realty Group
8889746963 · bpgagolf@yahoo.com - Price history
- First asked $309,900 · previously $299,900 cut $20,000
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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.