Street view of 8815 Gumwood Ct
1 / 6
27score
↓ $10,000
$250,000
MLS Street view
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8815 Gumwood Ct

Indianapolis IN 46234 · Single Family · built 1979
3 bd2.5 ba1,657 sqft$151/sqft vs ZIP $160 −6%
1.13 lender DSCR (est.)
Rent covers the estimated payment 1.13× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,029/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.

price cut 4%
The underwriting

The numbers (estimates, illustrative)

$250,000List price
$2,029Rent estimate / mo
1.13Lender DSCR (est.)
$4,566Taxes / yr · county assessor
$160ZIP median $ / sqft
27/100Deal Score

Monthly picture (illustrative)

Rent est.$2,029
− Mortgage (P&I)−$1,311
− Taxes−$381
− Insurance−$104
= Cash flow before vacancy & repairs$233

The numbers

Price
$250,000
$ / sq ft
$151 ZIP median $160
Rent estimate
$2,029/mo ZIP + bedroom comps
Property taxes
$4,566/yr 2% cap on assessed value $228,300
PITIA (assumed)
$1,796/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.13 rent ÷ PITIA · lender floor 1.20
Deal Score
27/100 price cut 4%

The property

Beds / baths
3 / 2.5
Living area
1,657 sq ft
Lot
10,454 sq ft
Year built
1979
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22115168
Listed
Jul 21, 2026
Days on market
88
Listing agent
Tamyra Jenkins · F.C. Tucker Company - East
3178910100 · customerservice@talktotucker.com
Price history
First asked $260,000 · previously $260,000 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.

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