Street view of 3956 Boulevard Pl
1 / 6
65score
$125,000
MLS Street view
Search photos

3956 Boulevard Pl

Indianapolis IN 46208 · Single Family · built 1910
4 bd2 ba2,646 sqft$47/sqft vs ZIP $126 −63%
1.83 lender DSCR (est.)
Rent covers the estimated payment 1.83× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,750/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 1.8363% under ZIP $/sqftverify conditionbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$125,000List price
$1,750Rent estimate / mo
1.83Lender DSCR (est.)
$2,992Taxes / yr · county assessor
$126ZIP median $ / sqft
65/100Deal Score

Monthly picture (illustrative)

Rent est.$1,750
− Mortgage (P&I)−$656
− Taxes−$249
− Insurance−$52
= Cash flow before vacancy & repairs$793

The numbers

Price
$125,000
$ / sq ft
$47 ZIP median $126
Rent estimate
$1,750/mo rent comps
Property taxes
$2,992/yr 2% cap on assessed value $149,600
PITIA (assumed)
$957/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.83 rent ÷ PITIA · lender floor 1.20
Deal Score
65/100 DSCR 1.83 · 63% under ZIP $/sqft · verify condition · below assessed value

The property

Beds / baths
4 / 2
Living area
2,646 sq ft
Lot
8,276 sq ft
Year built
1910
Property type
Single Family
HOA
None on record
Flood zone
—
Registered rental
No

The listing

Source
Standard
MLS #
22133140
Listed
Oct 23, 2026
Days on market
8
Listing agent
Terry Young · Red Bridge Real Estate
8122168602 · terry@redbridgerealestate.com
Price history
First asked $125,000
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad