1 / 6
9score
↓ $5,100
$209,900
MLS
Street view4075 Byram Ave
Indianapolis IN 46208 · Single Family · built 1961
3 bd2 ba1,020 sqft$206/sqft vs ZIP $126 +63%
0.97 lender DSCR (est.)
Rent covers the estimated payment 0.97× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,350/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.
price cut 2%
The underwriting
The numbers (estimates, illustrative)
$209,900List price
$1,350Rent estimate / mo
0.97Lender DSCR (est.)
$2,444Taxes / yr · county assessor
$126ZIP median $ / sqft
9/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,350 |
| − Mortgage (P&I) | −$1,101 |
| − Taxes | −$204 |
| − Insurance | −$87 |
| = Cash flow before vacancy & repairs | $-42 |
The numbers
- Price
- $209,900
- $ / sq ft
- $206 ZIP median $126
- Rent estimate
- $1,350/mo ZIP + bedroom comps
- Property taxes
- $2,444/yr 2% cap on assessed value $122,200
- PITIA (assumed)
- $1,392/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.97 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 9/100 price cut 2%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,020 sq ft
- Lot
- 2,614 sq ft
- Year built
- 1961
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22013745
- Listed
- Apr 23, 2026
- Days on market
- 177
- Listing agent
- Gary Bieberich · List4Less Discount Realty
3177163733 · sell4free@msn.com - Price history
- First asked $215,000 · previously $215,000 cut $5,100
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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.