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
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28score
$355,000
MLS
Street view8519 Walden Trace Dr
Indianapolis IN 46278 · Single Family · built 1998
4 bd3.5 ba2,774 sqft$128/sqft vs ZIP $151 −15%
1.13 lender DSCR (est.)
Rent covers the estimated payment 1.13× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,929/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.
15% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$355,000List price
$2,929Rent estimate / mo
1.13Lender DSCR (est.)
$6,494Taxes / yr · county assessor
$151ZIP median $ / sqft
28/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,929 |
| − Mortgage (P&I) | −$1,862 |
| − Taxes | −$541 |
| − Insurance | −$148 |
| − HOA | −$30 |
| = Cash flow before vacancy & repairs | $348 |
The numbers
- Price
- $355,000
- $ / sq ft
- $128 ZIP median $151
- Rent estimate
- $2,929/mo HUD fair-market rent
- Property taxes
- $6,494/yr 2% cap on assessed value $324,700
- PITIA (assumed)
- $2,581/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $30/mo
- Lender DSCR (est.)
- 1.13 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 28/100 15% under ZIP $/sqft
The property
- Beds / baths
- 4 / 3.5
- Living area
- 2,774 sq ft
- Lot
- 8,276 sq ft
- Year built
- 1998
- Property type
- Single Family
- HOA
- $30/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22105300
- Listed
- Jun 4, 2026
- Days on market
- 121
- Listing agent
- Luke Reiter · eXp Realty, LLC
3177523382 · luke.reiter@exprealty.com - Price history
- First asked $355,000
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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.