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
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21score
↓ $10,000
$339,000
MLS
Street view8629 N Meridian St
Indianapolis IN 46260 · Townhouse · built 2003
3 bd3.5 ba2,400 sqft$141/sqft vs ZIP $172 −18%
0.63 lender DSCR (est.)
Rent covers the estimated payment 0.63× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,630/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.
18% under ZIP $/sqftprice cut 3%
The underwriting
The numbers (estimates, illustrative)
$339,000List price
$1,630Rent estimate / mo
0.63Lender DSCR (est.)
$5,982Taxes / yr · county assessor
$172ZIP median $ / sqft
21/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,630 |
| − Mortgage (P&I) | −$1,778 |
| − Taxes | −$499 |
| − Insurance | −$141 |
| − HOA | −$157 |
| = Cash flow before vacancy & repairs | $-945 |
The numbers
- Price
- $339,000
- $ / sq ft
- $141 ZIP median $172
- Rent estimate
- $1,630/mo HUD fair-market rent
- Property taxes
- $5,982/yr 2% cap on assessed value $299,100
- PITIA (assumed)
- $2,575/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $157/mo
- Lender DSCR (est.)
- 0.63 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 21/100 18% under ZIP $/sqft · price cut 3%
The property
- Beds / baths
- 3 / 3.5
- Living area
- 2,400 sq ft
- Lot
- 1,742 sq ft
- Year built
- 2003
- Property type
- Townhouse
- HOA
- $157/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22112389
- Listed
- Aug 13, 2026
- Days on market
- 51
- Listing agent
- Robbin Edwards · Encore Sotheby's International Realty
3176604444 · robbin.edwards@encoresir.com - Price history
- First asked $349,000 · previously $349,000 cut $10,000
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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.