Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
Street view of 8611 Modesto Ct
1 / 6
4score
$550,000
MLS Street view
Search photos

8611 Modesto Ct

Indianapolis IN 46278 · Single Family · built 1995
4 bd3.5 ba3,836 sqft$143/sqft vs ZIP $151 −5%
0.72 lender DSCR (est.)
Rent covers the estimated payment 0.72× · 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.

The underwriting

The numbers (estimates, illustrative)

$550,000List price
$2,929Rent estimate / mo
0.72Lender DSCR (est.)
$9,896Taxes / yr · county assessor
$151ZIP median $ / sqft
4/100Deal Score

Monthly picture (illustrative)

Rent est.$2,929
− Mortgage (P&I)−$2,884
− Taxes−$825
− Insurance−$229
− HOA−$131
= Cash flow before vacancy & repairs$-1,140

The numbers

Price
$550,000
$ / sq ft
$143 ZIP median $151
Rent estimate
$2,929/mo HUD fair-market rent
Property taxes
$9,896/yr 2% cap on assessed value $494,800
PITIA (assumed)
$4,069/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $131/mo
Lender DSCR (est.)
0.72 rent ÷ PITIA · lender floor 1.20
Deal Score
4/100

The property

Beds / baths
4 / 3.5
Living area
3,836 sq ft
Lot
12,197 sq ft
Year built
1995
Property type
Single Family
HOA
$131/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22110637
Listed
Jun 26, 2026
Days on market
99
Listing agent
Antwon Culbreath · Redfin Corporation
3174595009 · twonamc@icloud.com
Price history
First asked $550,000
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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.

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