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22score
New
$219,000
MLS
Street view4048 Tahoe Dr
Indianapolis IN 46235 · Single Family · built 2017
3 bd2.5 ba1,504 sqft$146/sqft vs ZIP $138 +6%
1.04 lender DSCR (est.)
Rent covers the estimated payment 1.04× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,740/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.
new this weekbelow assessed valueregistered rental
The underwriting
The numbers (estimates, illustrative)
$219,000List price
$1,740Rent estimate / mo
1.04Lender DSCR (est.)
$5,016Taxes / yr · county assessor
$138ZIP median $ / sqft
22/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,740 |
| − Mortgage (P&I) | −$1,148 |
| − Taxes | −$418 |
| − Insurance | −$91 |
| − HOA | −$20 |
| = Cash flow before vacancy & repairs | $62 |
The numbers
- Price
- $219,000
- $ / sq ft
- $146 ZIP median $138
- Rent estimate
- $1,740/mo ZIP + bedroom comps
- Property taxes
- $5,016/yr 2% cap on assessed value $250,800
- PITIA (assumed)
- $1,678/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $20/mo
- Lender DSCR (est.)
- 1.04 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 22/100 new this week · below assessed value · registered rental
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,504 sq ft
- Lot
- 4,792 sq ft
- Year built
- 2017
- Property type
- Single Family
- HOA
- $20/mo
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22131481
- Listed
- Oct 14, 2026
- Days on market
- 4
- Listing agent
- Jodi Gandy · Honor Realty Llc
3173408839 · jodi@honorrealtygroup.com - Price history
- First asked $219,000
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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.