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15score
$398,990
MLS
Street view8223 Morera Ct
Indianapolis IN 46237 · Single Family · built 2020
4 bd2.5 ba3,003 sqft$133/sqft vs ZIP $151 −12%
0.68 lender DSCR (est.)
Rent covers the estimated payment 0.68× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,043/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.
12% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$398,990List price
$2,043Rent estimate / mo
0.68Lender DSCR (est.)
$8,554Taxes / yr · county assessor
$151ZIP median $ / sqft
15/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,043 |
| − Mortgage (P&I) | −$2,092 |
| − Taxes | −$713 |
| − Insurance | −$166 |
| − HOA | −$41 |
| = Cash flow before vacancy & repairs | $-969 |
The numbers
- Price
- $398,990
- $ / sq ft
- $133 ZIP median $151
- Rent estimate
- $2,043/mo ZIP + bedroom comps
- Property taxes
- $8,554/yr 2% cap on assessed value $427,700
- PITIA (assumed)
- $3,012/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $41/mo
- Lender DSCR (est.)
- 0.68 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 15/100 12% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 3,003 sq ft
- Lot
- 11,326 sq ft
- Year built
- 2020
- Property type
- Single Family
- HOA
- $41/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22100795
- Listed
- May 8, 2026
- Days on market
- 148
- Listing agent
- Van Thawng · eXp Realty, LLC
3178472841 · vanthawng@livindyrealty.com - Price history
- First asked $398,990
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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.