Street view of 8158 Lima East Dr
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55score
New
$110,000
MLS Street view
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8158 Lima East Dr

Indianapolis IN 46227 · Condo · built 1982
2 bd1.5 ba1,382 sqft$80/sqft vs ZIP $161 −51%
1.45 lender DSCR (est.)
Rent covers the estimated payment 1.45× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,150/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.

DSCR 1.4550% under ZIP $/sqftverify conditionnew this week
The underwriting

The numbers (estimates, illustrative)

$110,000List price
$1,150Rent estimate / mo
1.45Lender DSCR (est.)
$1,320Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
55/100Deal Score

Monthly picture (illustrative)

Rent est.$1,150
− Mortgage (P&I)−$577
− Taxes−$110
− Insurance−$46
− HOA−$60
= Cash flow before vacancy & repairs$357

The numbers

Price
$110,000
$ / sq ft
$80 ZIP median $161
Rent estimate
$1,150/mo ZIP + bedroom comps
Property taxes
$1,320/yr assumed 1.2% of price
PITIA (assumed)
$793/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $60/mo
Lender DSCR (est.)
1.45 rent ÷ PITIA · lender floor 1.20
Deal Score
55/100 DSCR 1.45 · 50% under ZIP $/sqft · verify condition · new this week

The property

Beds / baths
2 / 1.5
Living area
1,382 sq ft
Lot
25,265 sq ft
Year built
1982
Property type
Condo
HOA
$60/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22124517
Listed
Oct 5, 2026
Days on market
3
Listing agent
Shaloo Munjaal · Berkshire Hathaway HomeServices Indiana Realty
3175564545 · shaloomunjaal@gmail.com
Price history
First asked $110,000
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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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