Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
Street view of 8189 Admirals Landing Pl
1 / 6
33score
↓ $19,000
$350,000
MLS Street view
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8189 Admirals Landing Pl

Indianapolis IN 46236 · Single Family · built 2007
4 bd2.5 ba2,743 sqft$128/sqft vs ZIP $163 −22%
0.81 lender DSCR (est.)
Rent covers the estimated payment 0.81× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $2,145/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.

22% under ZIP $/sqftprice cut 5%below assessed value
The underwriting

The numbers (estimates, illustrative)

$350,000List price
$2,145Rent estimate / mo
0.81Lender DSCR (est.)
$7,498Taxes / yr · county assessor
$163ZIP median $ / sqft
33/100Deal Score

Monthly picture (illustrative)

Rent est.$2,145
− Mortgage (P&I)−$1,835
− Taxes−$625
− Insurance−$146
− HOA−$33
= Cash flow before vacancy & repairs$-494

The numbers

Price
$350,000
$ / sq ft
$128 ZIP median $163
Rent estimate
$2,145/mo ZIP + bedroom comps
Property taxes
$7,498/yr 2% cap on assessed value $374,900
PITIA (assumed)
$2,639/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $33/mo
Lender DSCR (est.)
0.81 rent ÷ PITIA · lender floor 1.20
Deal Score
33/100 22% under ZIP $/sqft · price cut 5% · below assessed value

The property

Beds / baths
4 / 2.5
Living area
2,743 sq ft
Lot
10,019 sq ft
Year built
2007
Property type
Single Family
HOA
$33/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22106125
Listed
Jun 4, 2026
Days on market
121
Listing agent
Mariah Barlow · @properties
3176577638 · mariahbarlow@gmail.com
Price history
First asked $369,000 · previously $369,000 cut $19,000
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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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