1 / 6
20score
↓ $5,100
$269,900
MLS
Street view8163 Frisco Way
Indianapolis IN 46240 · Single Family · built 1986
2 bd2.5 ba1,612 sqft$167/sqft vs ZIP $207 −19%
0.61 lender DSCR (est.)
Rent covers the estimated payment 0.61× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,469/mo (HUD fair-market rent) ÷ 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.
19% under ZIP $/sqftprice cut 2%
The underwriting
The numbers (estimates, illustrative)
$269,900List price
$1,469Rent estimate / mo
0.61Lender DSCR (est.)
$4,728Taxes / yr · county assessor
$207ZIP median $ / sqft
20/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,469 |
| − Mortgage (P&I) | −$1,415 |
| − Taxes | −$394 |
| − Insurance | −$112 |
| − HOA | −$490 |
| = Cash flow before vacancy & repairs | $-943 |
The numbers
- Price
- $269,900
- $ / sq ft
- $167 ZIP median $207
- Rent estimate
- $1,469/mo HUD fair-market rent
- Property taxes
- $4,728/yr 2% cap on assessed value $236,400
- PITIA (assumed)
- $2,412/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $490/mo
- Lender DSCR (est.)
- 0.61 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 20/100 19% under ZIP $/sqft · price cut 2%
The property
- Beds / baths
- 2 / 2.5
- Living area
- 1,612 sq ft
- Lot
- 1,307 sq ft
- Year built
- 1986
- Property type
- Single Family
- HOA
- $490/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22105621
- Listed
- Jun 14, 2026
- Days on market
- 125
- Listing agent
- Fred Nelson · CENTURY 21 Scheetz
3178812100 · fnelson@c21scheetz.com - Price history
- First asked $275,000 · previously $275,000 cut $5,100
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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.