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26score
$159,900
MLS
Street view4706 Vernon Ave
Lawrence IN 46226 · Single Family · built 1931
3 bd1 ba1,106 sqft$145/sqft vs ZIP $124 +17%
1.31 lender DSCR (est.)
Rent covers the estimated payment 1.31× · 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 1.31
The underwriting
The numbers (estimates, illustrative)
$159,900List price
$1,450Rent estimate / mo
1.31Lender DSCR (est.)
$2,420Taxes / yr · county assessor
$124ZIP median $ / sqft
26/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,450 |
| − Mortgage (P&I) | −$839 |
| − Taxes | −$202 |
| − Insurance | −$67 |
| = Cash flow before vacancy & repairs | $343 |
The numbers
- Price
- $159,900
- $ / sq ft
- $145 ZIP median $124
- Rent estimate
- $1,450/mo ZIP + bedroom comps
- Property taxes
- $2,420/yr 2% cap on assessed value $121,000
- PITIA (assumed)
- $1,107/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.31 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 26/100 DSCR 1.31
The property
- Beds / baths
- 3 / 1
- Living area
- 1,106 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1931
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22097916
- Listed
- Apr 28, 2026
- Days on market
- 160
- Listing agent
- R Scott Pallikan · Sunblest Realty
3172237290 · sunblestrealty@gmail.com - Price history
- First asked $159,900
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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.