1 / 6
31score
↓ $7,500
$102,500
MLS
Street view3915 E 12th St
Indianapolis IN 46201 · Single Family · built 1928
1 bd1 ba720 sqft$142/sqft vs ZIP $141 +1%
1.23 lender DSCR (est.)
Rent covers the estimated payment 1.23× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $865/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 1.23price cut 7%
The underwriting
The numbers (estimates, illustrative)
$102,500List price
$865Rent estimate / mo
1.23Lender DSCR (est.)
$1,500Taxes / yr · county assessor
$141ZIP median $ / sqft
31/100Deal Score
Monthly picture (illustrative)
| Rent est. | $865 |
| − Mortgage (P&I) | −$538 |
| − Taxes | −$125 |
| − Insurance | −$43 |
| = Cash flow before vacancy & repairs | $160 |
The numbers
- Price
- $102,500
- $ / sq ft
- $142 ZIP median $141
- Rent estimate
- $865/mo ZIP + bedroom comps
- Property taxes
- $1,500/yr 2% cap on assessed value $75,000
- PITIA (assumed)
- $705/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.23 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 31/100 DSCR 1.23 · price cut 7%
The property
- Beds / baths
- 1 / 1
- Living area
- 720 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1928
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22119463
- Listed
- Aug 11, 2026
- Days on market
- 67
- Listing agent
- Dawn Mcclara · F.C. Tucker Company - Downtown
3174595182 · dawn@dawnmcclara.com - Price history
- First asked $110,000 · previously $110,000 cut $7,500
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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.