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45score
$99,900
MLS
Street view3829 E 31st St
Indianapolis IN 46218 · Single Family · built 1924
2 bd1 ba725 sqft$138/sqft vs ZIP $138 −0%
1.60 lender DSCR (est.)
Rent covers the estimated payment 1.60× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,097/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 1.60
The underwriting
The numbers (estimates, illustrative)
$99,900List price
$1,097Rent estimate / mo
1.60Lender DSCR (est.)
$1,430Taxes / yr · county assessor
$138ZIP median $ / sqft
45/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,097 |
| − Mortgage (P&I) | −$524 |
| − Taxes | −$119 |
| − Insurance | −$42 |
| = Cash flow before vacancy & repairs | $412 |
The numbers
- Price
- $99,900
- $ / sq ft
- $138 ZIP median $138
- Rent estimate
- $1,097/mo ZIP + bedroom comps
- Property taxes
- $1,430/yr 2% cap on assessed value $71,500
- PITIA (assumed)
- $685/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.60 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 45/100 DSCR 1.60
The property
- Beds / baths
- 2 / 1
- Living area
- 725 sq ft
- Lot
- 4,356 sq ft
- Year built
- 1924
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22126368
- Listed
- Sep 16, 2026
- Days on market
- 16
- Listing agent
- Kenneth Hall · Real Broker, LLC
3176177947 · kenny@justlivindy.com - Price history
- First asked $99,900
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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.