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14score
$374,900
MLS
Street view8551 Walden Trace Dr
Indianapolis IN 46278 · Single Family · built 1999
4 bd2.5 ba2,572 sqft$146/sqft vs ZIP $149 −2%
1.09 lender DSCR (est.)
Rent covers the estimated payment 1.09× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,951/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.
The underwriting
The numbers (estimates, illustrative)
$374,900List price
$2,951Rent estimate / mo
1.09Lender DSCR (est.)
$6,624Taxes / yr · county assessor
$149ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,951 |
| − Mortgage (P&I) | −$1,966 |
| − Taxes | −$552 |
| − Insurance | −$156 |
| − HOA | −$30 |
| = Cash flow before vacancy & repairs | $247 |
The numbers
- Price
- $374,900
- $ / sq ft
- $146 ZIP median $149
- Rent estimate
- $2,951/mo HUD fair-market rent
- Property taxes
- $6,624/yr 2% cap on assessed value $331,200
- PITIA (assumed)
- $2,704/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $30/mo
- Lender DSCR (est.)
- 1.09 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,572 sq ft
- Lot
- 7,405 sq ft
- Year built
- 1999
- Property type
- Single Family
- HOA
- $30/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22125489
- Listed
- Sep 16, 2026
- Days on market
- 17
- Listing agent
- Howard Thomas · Re/Max Cornerstone
7657202536 · jkhthomas@aol.com - Price history
- First asked $374,900
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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.