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16score
$349,900
MLS
Street view8625 S Tibbs Ave
Indianapolis IN 46217 · Single Family · built 2017
4 bd2.5 ba2,492 sqft$140/sqft vs ZIP $161 −13%
0.75 lender DSCR (est.)
Rent covers the estimated payment 0.75× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,980/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.
13% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$349,900List price
$1,980Rent estimate / mo
0.75Lender DSCR (est.)
$7,026Taxes / yr · county assessor
$161ZIP median $ / sqft
16/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,980 |
| − Mortgage (P&I) | −$1,835 |
| − Taxes | −$586 |
| − Insurance | −$146 |
| − HOA | −$58 |
| = Cash flow before vacancy & repairs | $-644 |
The numbers
- Price
- $349,900
- $ / sq ft
- $140 ZIP median $161
- Rent estimate
- $1,980/mo ZIP + bedroom comps
- Property taxes
- $7,026/yr 2% cap on assessed value $351,300
- PITIA (assumed)
- $2,624/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $58/mo
- Lender DSCR (est.)
- 0.75 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 16/100 13% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,492 sq ft
- Lot
- 8,276 sq ft
- Year built
- 2017
- Property type
- Single Family
- HOA
- $58/mo
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131263
- Listed
- Oct 22, 2026
- Days on market
- 10
- Listing agent
- Alicia Michelle Mcavene · Highgarden Real Estate
3177972925 · am.mcavene@gmail.com - Price history
- First asked $349,900
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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.