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 8726 Hornady Dr
1 / 6
16score
↓ $8,000
$379,500
MLS Street view
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8726 Hornady Dr

Indianapolis IN 46239 · Single Family · built 2015
4 bd2.5 ba2,974 sqft$128/sqft vs ZIP $148 −14%
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. $2,093/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.

14% under ZIP $/sqftprice cut 2%
The underwriting

The numbers (estimates, illustrative)

$379,500List price
$2,093Rent estimate / mo
0.75Lender DSCR (est.)
$7,258Taxes / yr · county assessor
$148ZIP median $ / sqft
16/100Deal Score

Monthly picture (illustrative)

Rent est.$2,093
− Mortgage (P&I)−$1,990
− Taxes−$605
− Insurance−$158
− HOA−$29
= Cash flow before vacancy & repairs$-689

The numbers

Price
$379,500
$ / sq ft
$128 ZIP median $148
Rent estimate
$2,093/mo ZIP + bedroom comps
Property taxes
$7,258/yr 2% cap on assessed value $362,900
PITIA (assumed)
$2,782/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $29/mo
Lender DSCR (est.)
0.75 rent ÷ PITIA · lender floor 1.20
Deal Score
16/100 14% under ZIP $/sqft · price cut 2%

The property

Beds / baths
4 / 2.5
Living area
2,974 sq ft
Lot
10,019 sq ft
Year built
2015
Property type
Single Family
HOA
$29/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22120735
Listed
Aug 20, 2026
Days on market
44
Listing agent
Keith Albrecht · RE/MAX Real Estate Groups
3175809955 · team@keithshomes.com
Price history
First asked $387,500 · previously $387,500 cut $8,000
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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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