Street view of 5429 E Burgess Ave
1 / 6
48score
$140,000
MLS Street view
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5429 E Burgess Ave

Indianapolis IN 46219 · Single Family · built 1964
3 bd1 ba1,079 sqft$130/sqft vs ZIP $142 −9%
1.54 lender DSCR (est.)
Rent covers the estimated payment 1.54× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,480/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 1.549% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$140,000List price
$1,480Rent estimate / mo
1.54Lender DSCR (est.)
$2,026Taxes / yr · county assessor
$142ZIP median $ / sqft
48/100Deal Score

Monthly picture (illustrative)

Rent est.$1,480
− Mortgage (P&I)−$734
− Taxes−$169
− Insurance−$58
= Cash flow before vacancy & repairs$519

The numbers

Price
$140,000
$ / sq ft
$130 ZIP median $142
Rent estimate
$1,480/mo ZIP + bedroom comps
Property taxes
$2,026/yr 2% cap on assessed value $101,300
PITIA (assumed)
$961/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.54 rent ÷ PITIA · lender floor 1.20
Deal Score
48/100 DSCR 1.54 · 9% under ZIP $/sqft

The property

Beds / baths
3 / 1
Living area
1,079 sq ft
Lot
6,534 sq ft
Year built
1964
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22059228
Listed
Sep 5, 2025
Days on market
407
Listing agent
Tom Colvin · Exp Realty, LLC
3179022315 · newindyhome@gmail.com
Price history
First asked $140,000
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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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