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5score
$258,000
MLS
Street view8244 Palmetto Ln
Indianapolis IN 46217 · Single Family · built 1969
2 bd2 ba1,606 sqft$161/sqft vs ZIP $161 −0%
0.77 lender DSCR (est.)
Rent covers the estimated payment 0.77× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,455/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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$258,000List price
$1,455Rent estimate / mo
0.77Lender DSCR (est.)
$5,240Taxes / yr · county assessor
$161ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,455 |
| − Mortgage (P&I) | −$1,353 |
| − Taxes | −$437 |
| − Insurance | −$108 |
| = Cash flow before vacancy & repairs | $-442 |
The numbers
- Price
- $258,000
- $ / sq ft
- $161 ZIP median $161
- Rent estimate
- $1,455/mo HUD fair-market rent
- Property taxes
- $5,240/yr 2% cap on assessed value $262,000
- PITIA (assumed)
- $1,897/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.77 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 below assessed value
The property
- Beds / baths
- 2 / 2
- Living area
- 1,606 sq ft
- Lot
- 14,375 sq ft
- Year built
- 1969
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22124456
- Listed
- Sep 10, 2026
- Days on market
- 22
- Listing agent
- Noah Harris · F.C. Tucker Company - South
3174302204 · noah.harris@talktotucker.com - Price history
- First asked $258,000
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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.