Last confirmed active 19 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
15score
↓ $25,000
$500,000
MLS
Street view8407 Galley Ct
Indianapolis IN 46236 · Single Family · built 1986
4 bd2.5 ba2,718 sqft$184/sqft vs ZIP $163 +13%
0.58 lender DSCR (est.)
Rent covers the estimated payment 0.58× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,145/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 5%below assessed value
The underwriting
The numbers (estimates, illustrative)
$500,000List price
$2,145Rent estimate / mo
0.58Lender DSCR (est.)
$10,264Taxes / yr · county assessor
$163ZIP median $ / sqft
15/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,145 |
| − Mortgage (P&I) | −$2,622 |
| − Taxes | −$855 |
| − Insurance | −$208 |
| − HOA | −$44 |
| = Cash flow before vacancy & repairs | $-1,585 |
The numbers
- Price
- $500,000
- $ / sq ft
- $184 ZIP median $163
- Rent estimate
- $2,145/mo ZIP + bedroom comps
- Property taxes
- $10,264/yr 2% cap on assessed value $513,200
- PITIA (assumed)
- $3,730/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $44/mo
- Lender DSCR (est.)
- 0.58 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 15/100 price cut 5% · below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,718 sq ft
- Lot
- 18,731 sq ft
- Year built
- 1986
- Property type
- Single Family
- HOA
- $44/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22113362
- Listed
- Jul 20, 2026
- Days on market
- 75
- Listing agent
- Matt Mclaughlin · F.C. Tucker Company
3178437766 · mmcl@talktotucker.com - Price history
- First asked $525,000 · previously $525,000 cut $25,000
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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.