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5score
NewNew Construction
$379,900
Triad
Street view8508 Hemingway Dr
Indianapolis IN 46239 · Single Family · built 2025
4 bd2.5 ba2,346 sqft$162/sqft vs ZIP $152 +7%
0.82 lender DSCR (est.)
Rent covers the estimated payment 0.82× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,100/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
new this week
The underwriting
The numbers (estimates, illustrative)
$379,900List price
$2,100Rent estimate / mo
0.82Lender DSCR (est.)
$4,559Taxes / yr · assumed 1.2%
$152ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,100 |
| − Mortgage (P&I) | −$1,992 |
| − Taxes | −$380 |
| − Insurance | −$158 |
| − HOA | −$45 |
| = Cash flow before vacancy & repairs | $-475 |
The numbers
- Price
- $379,900
- $ / sq ft
- $162 ZIP median $152
- Rent estimate
- $2,100/mo ZIP + bedroom comps
- Property taxes
- $4,559/yr assumed 1.2% of price
- PITIA (assumed)
- $2,575/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $45/mo
- Lender DSCR (est.)
- 0.82 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 new this week
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,346 sq ft
- Lot
- 7,841 sq ft
- Year built
- 2025
- Property type
- Single Family
- HOA
- $45/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- —
- Listed
- Sep 30, 2026
- Days on market
- 4
- Listing agent
- Not on the feed — use the official listing link
- Price history
- First asked $379,900
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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.