1 / 6
43score
↓ $15,000
$199,900
MLS
Street view48 Rosemere Ave
Indianapolis IN 46229 · Single Family · built 1940
3 bd1.5 ba1,709 sqft$117/sqft vs ZIP $139 −16%
1.21 lender DSCR (est.)
Rent covers the estimated payment 1.21× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,730/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 1.2116% under ZIP $/sqftprice cut 8%
The underwriting
The numbers (estimates, illustrative)
$199,900List price
$1,730Rent estimate / mo
1.21Lender DSCR (est.)
$3,644Taxes / yr · county assessor
$139ZIP median $ / sqft
43/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,730 |
| − Mortgage (P&I) | −$1,048 |
| − Taxes | −$304 |
| − Insurance | −$83 |
| = Cash flow before vacancy & repairs | $295 |
The numbers
- Price
- $199,900
- $ / sq ft
- $117 ZIP median $139
- Rent estimate
- $1,730/mo ZIP + bedroom comps
- Property taxes
- $3,644/yr 2% cap on assessed value $182,200
- PITIA (assumed)
- $1,435/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.21 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 43/100 DSCR 1.21 · 16% under ZIP $/sqft · price cut 8%
The property
- Beds / baths
- 3 / 1.5
- Living area
- 1,709 sq ft
- Lot
- 13,068 sq ft
- Year built
- 1940
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22122381
- Listed
- Aug 25, 2026
- Days on market
- 53
- Listing agent
- Scott Burdine · REMAX ONE
3177530578 · teamburdine@gmail.com - Price history
- First asked $214,900 · previously $214,900 cut $15,000
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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.