Street view of 3837 Bressingham Dr
1 / 6
25score
↓ $20,000
$250,000
MLS Street view
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3837 Bressingham Dr

Indianapolis IN 46235 · Single Family · built 1999
4 bd2.5 ba1,885 sqft$133/sqft vs ZIP $138 −4%
1.09 lender DSCR (est.)
Rent covers the estimated payment 1.09× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,995/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 8%
The underwriting

The numbers (estimates, illustrative)

$250,000List price
$1,995Rent estimate / mo
1.09Lender DSCR (est.)
$4,636Taxes / yr · county assessor
$138ZIP median $ / sqft
25/100Deal Score

Monthly picture (illustrative)

Rent est.$1,995
− Mortgage (P&I)−$1,311
− Taxes−$386
− Insurance−$104
− HOA−$31
= Cash flow before vacancy & repairs$162

The numbers

Price
$250,000
$ / sq ft
$133 ZIP median $138
Rent estimate
$1,995/mo ZIP + bedroom comps
Property taxes
$4,636/yr 2% cap on assessed value $231,800
PITIA (assumed)
$1,833/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $31/mo
Lender DSCR (est.)
1.09 rent ÷ PITIA · lender floor 1.20
Deal Score
25/100 price cut 8%

The property

Beds / baths
4 / 2.5
Living area
1,885 sq ft
Lot
6,098 sq ft
Year built
1999
Property type
Single Family
HOA
$31/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22108197
Listed
Jun 23, 2026
Days on market
116
Listing agent
Adam Catron · F.C. Tucker Company - Crosspoint
3178495050 · adam@catronpropertygroup.com
Price history
First asked $270,000 · previously $270,000 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.

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