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18score
New
$270,000
MLS
Street view8415 Montgomery Ave
Indianapolis IN 46227 · Single Family · built 1998
3 bd2.5 ba1,903 sqft$142/sqft vs ZIP $157 −10%
0.83 lender DSCR (est.)
Rent covers the estimated payment 0.83× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,710/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.
10% under ZIP $/sqftnew this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$270,000List price
$1,710Rent estimate / mo
0.83Lender DSCR (est.)
$6,206Taxes / yr · county assessor
$157ZIP median $ / sqft
18/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,710 |
| − Mortgage (P&I) | −$1,416 |
| − Taxes | −$517 |
| − Insurance | −$113 |
| − HOA | −$23 |
| = Cash flow before vacancy & repairs | $-359 |
The numbers
- Price
- $270,000
- $ / sq ft
- $142 ZIP median $157
- Rent estimate
- $1,710/mo ZIP + bedroom comps
- Property taxes
- $6,206/yr 2% cap on assessed value $310,300
- PITIA (assumed)
- $2,069/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $23/mo
- Lender DSCR (est.)
- 0.83 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 18/100 10% under ZIP $/sqft · new this week · below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,903 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1998
- Property type
- Single Family
- HOA
- $23/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22130701
- Listed
- Oct 10, 2026
- Days on market
- 5
- Listing agent
- Brent Rickards · Key Realty Indiana
3179695959 · brent@iconnectindy.com - Price history
- First asked $270,000
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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.