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43score
↓ $14,901
$254,999
MLS
Street view8468 Ash Grove Dr
Indianapolis IN 46113 · Single Family · built 2005
3 bd2.5 ba2,176 sqft$117/sqft vs ZIP $167 −30%
1.03 lender DSCR (est.)
Rent covers the estimated payment 1.03× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,945/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.
30% under ZIP $/sqftprice cut 6%
The underwriting
The numbers (estimates, illustrative)
$254,999List price
$1,945Rent estimate / mo
1.03Lender DSCR (est.)
$5,002Taxes / yr · county assessor
$167ZIP median $ / sqft
43/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,945 |
| − Mortgage (P&I) | −$1,337 |
| − Taxes | −$417 |
| − Insurance | −$106 |
| − HOA | −$33 |
| = Cash flow before vacancy & repairs | $52 |
The numbers
- Price
- $254,999
- $ / sq ft
- $117 ZIP median $167
- Rent estimate
- $1,945/mo HUD fair-market rent
- Property taxes
- $5,002/yr 2% cap on assessed value $250,100
- PITIA (assumed)
- $1,893/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $33/mo
- Lender DSCR (est.)
- 1.03 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 43/100 30% under ZIP $/sqft · price cut 6%
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,176 sq ft
- Lot
- 7,841 sq ft
- Year built
- 2005
- Property type
- Single Family
- HOA
- $33/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22113664
- Listed
- Jul 17, 2026
- Days on market
- 92
- Listing agent
- Deborah Flowers · Carpenter Realtors, Brownsburg
3178334229 · dflowers@callcarpenter.com - Price history
- First asked $269,900 · previously $259,900 cut $14,901
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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.