1 / 6
10score
↓ $10,500
$199,500
MLS
Street view3819 S Olney St
Indianapolis IN 46237 · Single Family · built 1945
2 bd1 ba1,026 sqft$194/sqft vs ZIP $151 +29%
0.82 lender DSCR (est.)
Rent covers the estimated payment 0.82× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,175/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.
price cut 5%
The underwriting
The numbers (estimates, illustrative)
$199,500List price
$1,175Rent estimate / mo
0.82Lender DSCR (est.)
$3,654Taxes / yr · county assessor
$151ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,175 |
| − Mortgage (P&I) | −$1,046 |
| − Taxes | −$305 |
| − Insurance | −$83 |
| = Cash flow before vacancy & repairs | $-259 |
The numbers
- Price
- $199,500
- $ / sq ft
- $194 ZIP median $151
- Rent estimate
- $1,175/mo ZIP + bedroom comps
- Property taxes
- $3,654/yr 2% cap on assessed value $182,700
- PITIA (assumed)
- $1,434/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.82 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 5%
The property
- Beds / baths
- 2 / 1
- Living area
- 1,026 sq ft
- Lot
- 18,295 sq ft
- Year built
- 1945
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22107213
- Listed
- Jul 2, 2026
- Days on market
- 107
- Listing agent
- Channing Russell · Russell Real Estate, LLC
3179024291 · crussel1@sbcglobal.net - Price history
- First asked $210,000 · previously $204,500 cut $10,500
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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.