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38score
New
$325,000
MLS
Street view8030 Cole Wood Blvd
Indianapolis IN 46239 · Single Family · built 2006
3 bd2.5 ba3,108 sqft$105/sqft vs ZIP $151 −31%
0.79 lender DSCR (est.)
Rent covers the estimated payment 0.79× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,960/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.
31% under ZIP $/sqftnew this weekbelow assessed valueregistered rental
The underwriting
The numbers (estimates, illustrative)
$325,000List price
$1,960Rent estimate / mo
0.79Lender DSCR (est.)
$7,836Taxes / yr · county assessor
$151ZIP median $ / sqft
38/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,960 |
| − Mortgage (P&I) | −$1,704 |
| − Taxes | −$653 |
| − Insurance | −$135 |
| = Cash flow before vacancy & repairs | $-533 |
The numbers
- Price
- $325,000
- $ / sq ft
- $105 ZIP median $151
- Rent estimate
- $1,960/mo ZIP + bedroom comps
- Property taxes
- $7,836/yr 2% cap on assessed value $391,800
- PITIA (assumed)
- $2,493/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.79 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 38/100 31% under ZIP $/sqft · new this week · below assessed value · registered rental
The property
- Beds / baths
- 3 / 2.5
- Living area
- 3,108 sq ft
- Lot
- 7,405 sq ft
- Year built
- 2006
- 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 #
- 22129618
- Listed
- Oct 3, 2026
- Days on market
- 5
- Listing agent
- Justin Griffith · Keller Williams Indy Metro Ne
3175783220 · jgriffithsells@gmail.com - Price history
- First asked $325,000
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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.