1 / 6
8score
↓ $3,100
$249,900
MLS
Street view8312 Lake Tree Ln
Indianapolis IN 46217 · Single Family · built 2001
3 bd2 ba1,422 sqft$176/sqft vs ZIP $164 +7%
0.98 lender DSCR (est.)
Rent covers the estimated payment 0.98× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,820/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.
price cut 1%
The underwriting
The numbers (estimates, illustrative)
$249,900List price
$1,820Rent estimate / mo
0.98Lender DSCR (est.)
$4,978Taxes / yr · county assessor
$164ZIP median $ / sqft
8/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,820 |
| − Mortgage (P&I) | −$1,311 |
| − Taxes | −$415 |
| − Insurance | −$104 |
| − HOA | −$25 |
| = Cash flow before vacancy & repairs | $-34 |
The numbers
- Price
- $249,900
- $ / sq ft
- $176 ZIP median $164
- Rent estimate
- $1,820/mo ZIP + bedroom comps
- Property taxes
- $4,978/yr 2% cap on assessed value $248,900
- PITIA (assumed)
- $1,854/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $25/mo
- Lender DSCR (est.)
- 0.98 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 8/100 price cut 1%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,422 sq ft
- Lot
- 7,841 sq ft
- Year built
- 2001
- Property type
- Single Family
- HOA
- $25/mo
- Flood zone
- 500
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22118847
- Listed
- Aug 8, 2026
- Days on market
- 70
- Listing agent
- Biak Sang · Diamond Stars Realty LLC
3174072241 · biaklsang@gmail.com - Price history
- First asked $253,000 · previously $253,000 cut $3,100
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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.