Street view of 4602 E Naomi St
1 / 6
63score
New
$150,000
MLS Street view
Search photos

4602 E Naomi St

Indianapolis IN 46203 · Single Family · built 1966
3 bd1 ba1,216 sqft$123/sqft vs ZIP $168 −27%
1.47 lender DSCR (est.)
Rent covers the estimated payment 1.47× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,500/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 1.4727% under ZIP $/sqftnew this week
The underwriting

The numbers (estimates, illustrative)

$150,000List price
$1,500Rent estimate / mo
1.47Lender DSCR (est.)
$2,094Taxes / yr · county assessor
$168ZIP median $ / sqft
63/100Deal Score

Monthly picture (illustrative)

Rent est.$1,500
− Mortgage (P&I)−$787
− Taxes−$175
− Insurance−$63
= Cash flow before vacancy & repairs$476

The numbers

Price
$150,000
$ / sq ft
$123 ZIP median $168
Rent estimate
$1,500/mo ZIP + bedroom comps
Property taxes
$2,094/yr 2% cap on assessed value $104,700
PITIA (assumed)
$1,024/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.47 rent ÷ PITIA · lender floor 1.20
Deal Score
63/100 DSCR 1.47 · 27% under ZIP $/sqft · new this week

The property

Beds / baths
3 / 1
Living area
1,216 sq ft
Lot
6,970 sq ft
Year built
1966
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22131355
Listed
Oct 16, 2026
Days on market
2
Listing agent
Heather L. Clouse · F.C. Tucker Company - South
3179545328 · hclouse@talktotucker.com
Price history
First asked $150,000
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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.

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