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20score
NewNew Construction
$309,980
MLS
Street view8617 Sand Dunes Ave
Indianapolis IN 46113 · Single Family · built 2026
4 bd2 ba1,771 sqft$175/sqft vs ZIP $167 +5%
1.13 lender DSCR (est.)
Rent covers the estimated payment 1.13× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,390/mo (HUD fair-market rent) ÷ 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)
$309,980List price
$2,390Rent estimate / mo
1.13Lender DSCR (est.)
$3,720Taxes / yr · assumed 1.2%
$167ZIP median $ / sqft
20/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,390 |
| − Mortgage (P&I) | −$1,626 |
| − Taxes | −$310 |
| − Insurance | −$129 |
| − HOA | −$58 |
| = Cash flow before vacancy & repairs | $267 |
The numbers
- Price
- $309,980
- $ / sq ft
- $175 ZIP median $167
- Rent estimate
- $2,390/mo HUD fair-market rent
- Property taxes
- $3,720/yr assumed 1.2% of price
- PITIA (assumed)
- $2,123/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $58/mo
- Lender DSCR (est.)
- 1.13 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 20/100 new this week
The property
- Beds / baths
- 4 / 2
- Living area
- 1,771 sq ft
- Lot
- 6,534 sq ft
- Year built
- 2026
- Property type
- Single Family
- HOA
- $58/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22128751
- Listed
- Sep 29, 2026
- Days on market
- 2
- Listing agent
- Frances Williams · DRH Realty of Indiana, LLC
3177977036 · francesw@arborhomesllc.com - Price history
- First asked $309,980
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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.