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14score
$240,000
MLS
Street view8123 Little River Ln
Indianapolis IN 46239 · Single Family · built 2005
3 bd2 ba1,146 sqft$209/sqft vs ZIP $148 +42%
1.12 lender DSCR (est.)
Rent covers the estimated payment 1.12× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,833/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
The underwriting
The numbers (estimates, illustrative)
$240,000List price
$1,833Rent estimate / mo
1.12Lender DSCR (est.)
$2,880Taxes / yr · assumed 1.2%
$148ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,833 |
| − Mortgage (P&I) | −$1,259 |
| − Taxes | −$240 |
| − Insurance | −$100 |
| − HOA | −$36 |
| = Cash flow before vacancy & repairs | $198 |
The numbers
- Price
- $240,000
- $ / sq ft
- $209 ZIP median $148
- Rent estimate
- $1,833/mo ZIP + bedroom comps
- Property taxes
- $2,880/yr assumed 1.2% of price
- PITIA (assumed)
- $1,635/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $36/mo
- Lender DSCR (est.)
- 1.12 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,146 sq ft
- Lot
- 6,098 sq ft
- Year built
- 2005
- Property type
- Single Family
- HOA
- $36/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22132832
- Listed
- Oct 23, 2026
- Days on market
- 8
- Listing agent
- Peter Stewart · Keller Williams Indpls Metro N
3174509202 · peter@peterstewartrealty.com - Price history
- First asked $240,000
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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.