1 / 6
73score
↓ $5,000
$129,900
MLS
Street view4038 N Mitthoefer Rd
Indianapolis IN 46235 · Single Family · built 1998
4 bd1.5 ba1,998 sqft$65/sqft vs ZIP $138 −53%
1.81 lender DSCR (est.)
Rent covers the estimated payment 1.81× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,819/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 1.8153% under ZIP $/sqftverify conditionprice cut 4%
The underwriting
The numbers (estimates, illustrative)
$129,900List price
$1,819Rent estimate / mo
1.81Lender DSCR (est.)
$3,240Taxes / yr · county assessor
$138ZIP median $ / sqft
73/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,819 |
| − Mortgage (P&I) | −$681 |
| − Taxes | −$270 |
| − Insurance | −$54 |
| = Cash flow before vacancy & repairs | $814 |
The numbers
- Price
- $129,900
- $ / sq ft
- $65 ZIP median $138
- Rent estimate
- $1,819/mo rent comps
- Property taxes
- $3,240/yr 2% cap on assessed value $162,000
- PITIA (assumed)
- $1,005/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.81 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 73/100 DSCR 1.81 · 53% under ZIP $/sqft · verify condition · price cut 4%
The property
- Beds / baths
- 4 / 1.5
- Living area
- 1,998 sq ft
- Lot
- 10,890 sq ft
- Year built
- 1998
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22117910
- Listed
- Aug 7, 2026
- Days on market
- 71
- Listing agent
- Sammy Nieves · Trelora Realty, Inc
3174482284 · sammy.nieves@trelora.com - Price history
- First asked $134,900 · previously $134,900 cut $5,000
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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.