Street view of 8745 Leatherwood Ct
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3score
New↓ $5,000New Construction
$469,990
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8745 Leatherwood Ct

Indianapolis IN 46259 · Single Family · built 2026
5 bd3 ba3,170 sqft$148/sqft vs ZIP $150 −1%
0.65 lender DSCR (est.)
Rent covers the estimated payment 0.65× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,026/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.

price cut 1%
The underwriting

The numbers (estimates, illustrative)

$469,990List price
$2,026Rent estimate / mo
0.65Lender DSCR (est.)
$5,640Taxes / yr · assumed 1.2%
$150ZIP median $ / sqft
3/100Deal Score

Monthly picture (illustrative)

Rent est.$2,026
− Mortgage (P&I)−$2,465
− Taxes−$470
− Insurance−$196
= Cash flow before vacancy & repairs$-1,104

The numbers

Price
$469,990
$ / sq ft
$148 ZIP median $150
Rent estimate
$2,026/mo HUD fair-market rent
Property taxes
$5,640/yr assumed 1.2% of price
PITIA (assumed)
$3,130/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.65 rent ÷ PITIA · lender floor 1.20
Deal Score
3/100 price cut 1%

The property

Beds / baths
5 / 3
Living area
3,170 sq ft
Lot
—
Year built
2026
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
New Construction
MLS #
—
Listed
Oct 10, 2026
Days on market
46 relisted — counted from when we first saw it
Listing agent
Not on the feed — use the official listing link
Price history
First asked $474,990 · previously $474,990 cut $5,000
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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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