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 8815 Deer Run Dr
1 / 6
11score
↓ $8,900
$321,000
MLS Street view
Search photos

8815 Deer Run Dr

Indianapolis IN 46256 · Single Family · built 1977
4 bd2.5 ba1,800 sqft$178/sqft vs ZIP $171 +4%
0.80 lender DSCR (est.)
Rent covers the estimated payment 0.80× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,913/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.

price cut 3%below assessed value
The underwriting

The numbers (estimates, illustrative)

$321,000List price
$1,913Rent estimate / mo
0.80Lender DSCR (est.)
$6,802Taxes / yr · county assessor
$171ZIP median $ / sqft
11/100Deal Score

Monthly picture (illustrative)

Rent est.$1,913
− Mortgage (P&I)−$1,683
− Taxes−$567
− Insurance−$134
= Cash flow before vacancy & repairs$-471

The numbers

Price
$321,000
$ / sq ft
$178 ZIP median $171
Rent estimate
$1,913/mo HUD fair-market rent
Property taxes
$6,802/yr 2% cap on assessed value $340,100
PITIA (assumed)
$2,384/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.80 rent ÷ PITIA · lender floor 1.20
Deal Score
11/100 price cut 3% · below assessed value

The property

Beds / baths
4 / 2.5
Living area
1,800 sq ft
Lot
13,939 sq ft
Year built
1977
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22114723
Listed
Jul 17, 2026
Days on market
78
Listing agent
Destinee Jordan · The Agency Indy
7346350313 · destinee.jordan@theagencyre.com
Price history
First asked $329,900 · previously $329,900 cut $8,900
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad