1 / 6
10score
↓ $15,100
$274,900
MLS
Street view8122 Sand Ridge Cir
Indianapolis IN 46237 · Single Family · built 2004
3 bd2 ba1,620 sqft$170/sqft vs ZIP $151 +12%
0.89 lender DSCR (est.)
Rent covers the estimated payment 0.89× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,795/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.
price cut 5%
The underwriting
The numbers (estimates, illustrative)
$274,900List price
$1,795Rent estimate / mo
0.89Lender DSCR (est.)
$5,178Taxes / yr · county assessor
$151ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,795 |
| − Mortgage (P&I) | −$1,442 |
| − Taxes | −$432 |
| − Insurance | −$115 |
| − HOA | −$30 |
| = Cash flow before vacancy & repairs | $-223 |
The numbers
- Price
- $274,900
- $ / sq ft
- $170 ZIP median $151
- Rent estimate
- $1,795/mo ZIP + bedroom comps
- Property taxes
- $5,178/yr 2% cap on assessed value $258,900
- PITIA (assumed)
- $2,018/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $30/mo
- Lender DSCR (est.)
- 0.89 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 5%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,620 sq ft
- Lot
- 7,841 sq ft
- Year built
- 2004
- Property type
- Single Family
- HOA
- $30/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22088751
- Listed
- Mar 12, 2026
- Days on market
- 219
- Listing agent
- Matt Mclaughlin · F.C. Tucker Company
3178437766 · mmcl@talktotucker.com - Price history
- First asked $290,000 · previously $290,000 cut $15,100
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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.