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
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33score
↓ $4,000
$305,000
MLS
Street view8223 Retreat Ln
Indianapolis IN 46259 · Single Family · built 2006
4 bd2.5 ba2,999 sqft$102/sqft vs ZIP $150 −32%
0.89 lender DSCR (est.)
Rent covers the estimated payment 0.89× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,026/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.
32% under ZIP $/sqftprice cut 1%below assessed value
The underwriting
The numbers (estimates, illustrative)
$305,000List price
$2,026Rent estimate / mo
0.89Lender DSCR (est.)
$6,338Taxes / yr · county assessor
$150ZIP median $ / sqft
33/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,026 |
| − Mortgage (P&I) | −$1,599 |
| − Taxes | −$528 |
| − Insurance | −$127 |
| − HOA | −$21 |
| = Cash flow before vacancy & repairs | $-250 |
The numbers
- Price
- $305,000
- $ / sq ft
- $102 ZIP median $150
- Rent estimate
- $2,026/mo HUD fair-market rent
- Property taxes
- $6,338/yr 2% cap on assessed value $316,900
- PITIA (assumed)
- $2,276/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $21/mo
- Lender DSCR (est.)
- 0.89 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 33/100 32% under ZIP $/sqft · price cut 1% · below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,999 sq ft
- Lot
- 7,405 sq ft
- Year built
- 2006
- Property type
- Single Family
- HOA
- $21/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22112095
- Listed
- Jul 9, 2026
- Days on market
- 86
- Listing agent
- Cheryl Meeks · Hoosier, Realtors®
3176270120 · cherimeeks@hoosier-realtors.com - Price history
- First asked $309,000 · previously $309,000 cut $4,000
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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.