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61score
$109,900
MLS
Street view3908 N Mitthoefer Rd
Indianapolis IN 46235 · Single Family · built 1963
3 bd1 ba925 sqft$119/sqft vs ZIP $141 −16%
1.99 lender DSCR (est.)
Rent covers the estimated payment 1.99× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,539/mo (rent 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 1.9916% under ZIP $/sqftregistered rental
The underwriting
The numbers (estimates, illustrative)
$109,900List price
$1,539Rent estimate / mo
1.99Lender DSCR (est.)
$1,828Taxes / yr · county assessor
$141ZIP median $ / sqft
61/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,539 |
| − Mortgage (P&I) | −$576 |
| − Taxes | −$152 |
| − Insurance | −$46 |
| = Cash flow before vacancy & repairs | $765 |
The numbers
- Price
- $109,900
- $ / sq ft
- $119 ZIP median $141
- Rent estimate
- $1,539/mo rent comps
- Property taxes
- $1,828/yr 2% cap on assessed value $91,400
- PITIA (assumed)
- $774/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.99 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 61/100 DSCR 1.99 · 16% under ZIP $/sqft · registered rental
The property
- Beds / baths
- 3 / 1
- Living area
- 925 sq ft
- Lot
- 7,841 sq ft
- Year built
- 1963
- 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 #
- 22099005
- Listed
- May 7, 2026
- Days on market
- 148
- Listing agent
- Sammy Nieves · Trelora Realty, Inc
3174482284 · sammynieves@kw.com - Price history
- First asked $109,900
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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.