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47score
New
$185,000
MLS
Street view4147 Bowman Ave
Indianapolis IN 46227 · Single Family · built 1968
3 bd1.5 ba1,034 sqft$179/sqft vs ZIP $156 +15%
1.51 lender DSCR (est.)
Rent covers the estimated payment 1.51× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,850/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 1.51new this weekregistered rental
The underwriting
The numbers (estimates, illustrative)
$185,000List price
$1,850Rent estimate / mo
1.51Lender DSCR (est.)
$2,126Taxes / yr · county assessor
$156ZIP median $ / sqft
47/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,850 |
| − Mortgage (P&I) | −$970 |
| − Taxes | −$177 |
| − Insurance | −$77 |
| = Cash flow before vacancy & repairs | $626 |
The numbers
- Price
- $185,000
- $ / sq ft
- $179 ZIP median $156
- Rent estimate
- $1,850/mo ZIP + bedroom comps
- Property taxes
- $2,126/yr 2% cap on assessed value $106,300
- PITIA (assumed)
- $1,224/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.51 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 47/100 DSCR 1.51 · new this week · registered rental
The property
- Beds / baths
- 3 / 1.5
- Living area
- 1,034 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1968
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22131442
- Listed
- Oct 16, 2026
- Days on market
- 2
- Listing agent
- Antwon Culbreath · Redfin Corporation
3174595009 · twonamc@icloud.com - Price history
- First asked $185,000 · previously $170,000
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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.