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
1 / 6
36score
↓ $15,000
$384,900
MLS
Street view8625 Douglaston Ct
Indianapolis IN 46234 · Single Family · built 1994
3 bd3 ba3,325 sqft$116/sqft vs ZIP $160 −28%
0.68 lender DSCR (est.)
Rent covers the estimated payment 0.68× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,029/mo (ZIP + bedroom comps) ÷ 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.
27% under ZIP $/sqftprice cut 4%below assessed value
The underwriting
The numbers (estimates, illustrative)
$384,900List price
$2,029Rent estimate / mo
0.68Lender DSCR (est.)
$9,324Taxes / yr · county assessor
$160ZIP median $ / sqft
36/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,029 |
| − Mortgage (P&I) | −$2,018 |
| − Taxes | −$777 |
| − Insurance | −$160 |
| − HOA | −$13 |
| = Cash flow before vacancy & repairs | $-940 |
The numbers
- Price
- $384,900
- $ / sq ft
- $116 ZIP median $160
- Rent estimate
- $2,029/mo ZIP + bedroom comps
- Property taxes
- $9,324/yr 2% cap on assessed value $466,200
- PITIA (assumed)
- $2,969/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $13/mo
- Lender DSCR (est.)
- 0.68 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 36/100 27% under ZIP $/sqft · price cut 4% · below assessed value
The property
- Beds / baths
- 3 / 3
- Living area
- 3,325 sq ft
- Lot
- 12,632 sq ft
- Year built
- 1994
- Property type
- Single Family
- HOA
- $13/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22102571
- Listed
- May 19, 2026
- Days on market
- 136
- Listing agent
- Terry Michael · Honor Realty Llc
3176624142 · terry-michael@terry-michael.com - Price history
- First asked $399,900 · previously $399,900 cut $15,000
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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.