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Street view of 8319 Wemouth Ct
1 / 6
28score
↓ $20,000
$379,900
MLS Street view
Search photos

8319 Wemouth Ct

Indianapolis IN 46256 · Single Family · built 1978
4 bd2.5 ba2,842 sqft$134/sqft vs ZIP $171 −22%
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. $1,913/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.

22% under ZIP $/sqftprice cut 5%
The underwriting

The numbers (estimates, illustrative)

$379,900List price
$1,913Rent estimate / mo
0.68Lender DSCR (est.)
$7,574Taxes / yr · county assessor
$171ZIP median $ / sqft
28/100Deal Score

Monthly picture (illustrative)

Rent est.$1,913
− Mortgage (P&I)−$1,992
− Taxes−$631
− Insurance−$158
− HOA−$32
= Cash flow before vacancy & repairs$-901

The numbers

Price
$379,900
$ / sq ft
$134 ZIP median $171
Rent estimate
$1,913/mo HUD fair-market rent
Property taxes
$7,574/yr 2% cap on assessed value $378,700
PITIA (assumed)
$2,814/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $32/mo
Lender DSCR (est.)
0.68 rent ÷ PITIA · lender floor 1.20
Deal Score
28/100 22% under ZIP $/sqft · price cut 5%

The property

Beds / baths
4 / 2.5
Living area
2,842 sq ft
Lot
12,632 sq ft
Year built
1978
Property type
Single Family
HOA
$32/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22113428
Listed
Jul 28, 2026
Days on market
67
Listing agent
Alice Steppe · Real Broker, LLC
3178284020 · officeleads@fivestreet.me
Price history
First asked $399,900 · previously $399,900 cut $20,000
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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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