1 / 6
48score
↓ $10,000
$154,900
MLS
Street view3902 N Hartman Dr
Indianapolis IN 46226 · Single Family · built 1957
3 bd2 ba1,275 sqft$121/sqft vs ZIP $124 −2%
1.42 lender DSCR (est.)
Rent covers the estimated payment 1.42× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,450/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 1.42price cut 6%registered rental
The underwriting
The numbers (estimates, illustrative)
$154,900List price
$1,450Rent estimate / mo
1.42Lender DSCR (est.)
$1,740Taxes / yr · county assessor
$124ZIP median $ / sqft
48/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,450 |
| − Mortgage (P&I) | −$812 |
| − Taxes | −$145 |
| − Insurance | −$65 |
| = Cash flow before vacancy & repairs | $428 |
The numbers
- Price
- $154,900
- $ / sq ft
- $121 ZIP median $124
- Rent estimate
- $1,450/mo ZIP + bedroom comps
- Property taxes
- $1,740/yr 2% cap on assessed value $87,000
- PITIA (assumed)
- $1,022/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.42 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 48/100 DSCR 1.42 · price cut 6% · registered rental
The property
- Beds / baths
- 3 / 2
- Living area
- 1,275 sq ft
- Lot
- 8,712 sq ft
- Year built
- 1957
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22113743
- Listed
- Jul 27, 2026
- Days on market
- 82
- Listing agent
- Sammy Nieves · Trelora Realty, Inc
3174482284 · sammy.nieves@trelora.com - Price history
- First asked $164,900 · previously $164,900 cut $10,000
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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.