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63score
New
$129,000
MLS
Street view405 N Bradley Ave
Indianapolis IN 46201 · Single Family · built 1910
3 bd1 ba1,091 sqft$118/sqft vs ZIP $140 −16%
1.61 lender DSCR (est.)
Rent covers the estimated payment 1.61× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,450/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 1.6115% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$129,000List price
$1,450Rent estimate / mo
1.61Lender DSCR (est.)
$2,062Taxes / yr · county assessor
$140ZIP median $ / sqft
63/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,450 |
| − Mortgage (P&I) | −$676 |
| − Taxes | −$172 |
| − Insurance | −$54 |
| = Cash flow before vacancy & repairs | $548 |
The numbers
- Price
- $129,000
- $ / sq ft
- $118 ZIP median $140
- Rent estimate
- $1,450/mo ZIP + bedroom comps
- Property taxes
- $2,062/yr 2% cap on assessed value $103,100
- PITIA (assumed)
- $902/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.61 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 63/100 DSCR 1.61 · 15% under ZIP $/sqft · new this week
The property
- Beds / baths
- 3 / 1
- Living area
- 1,091 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1910
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22127835
- Listed
- Oct 1, 2026
- Days on market
- 2
- Listing agent
- Jennifer Novick · Trueblood Real Estate
3176109255 · jenn@herggroup.com - Price history
- First asked $129,000
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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.