1 / 6
53score
↓ $10,000
$150,000
MLS
Street view8348 Meadowlark Dr
Indianapolis IN 46226 · Townhouse · built 1964
4 bd2 ba1,320 sqft$114/sqft vs ZIP $124 −8%
1.45 lender DSCR (est.)
Rent covers the estimated payment 1.45× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,405/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.
DSCR 1.459% under ZIP $/sqftprice cut 7%
The underwriting
The numbers (estimates, illustrative)
$150,000List price
$1,405Rent estimate / mo
1.45Lender DSCR (est.)
$1,430Taxes / yr · county assessor
$124ZIP median $ / sqft
53/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,405 |
| − Mortgage (P&I) | −$787 |
| − Taxes | −$119 |
| − Insurance | −$63 |
| = Cash flow before vacancy & repairs | $437 |
The numbers
- Price
- $150,000
- $ / sq ft
- $114 ZIP median $124
- Rent estimate
- $1,405/mo ZIP + bedroom comps
- Property taxes
- $1,430/yr 2% cap on assessed value $71,500
- PITIA (assumed)
- $968/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.45 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 53/100 DSCR 1.45 · 9% under ZIP $/sqft · price cut 7%
The property
- Beds / baths
- 4 / 2
- Living area
- 1,320 sq ft
- Lot
- —
- Year built
- 1964
- Property type
- Townhouse
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22121288
- Listed
- Aug 20, 2026
- Days on market
- 58
- Listing agent
- Javier Espinoza Ruvalcab · Realty of America LLC
3176273468 · russell.coston@realtyofamerica.com - Price history
- First asked $160,000 · previously $155,000 cut $10,000
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.