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5score
NewNew Construction
$314,195
MLS
Street view8823 Noble Heights Ln
Indianapolis IN 46113 · Single Family · built 2026
3 bd2 ba1,567 sqft$201/sqft vs ZIP $182 +10%
0.88 lender DSCR (est.)
Rent covers the estimated payment 0.88× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,904/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.
new this week
The underwriting
The numbers (estimates, illustrative)
$314,195List price
$1,904Rent estimate / mo
0.88Lender DSCR (est.)
$3,770Taxes / yr · assumed 1.2%
$182ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,904 |
| − Mortgage (P&I) | −$1,648 |
| − Taxes | −$314 |
| − Insurance | −$131 |
| − HOA | −$82 |
| = Cash flow before vacancy & repairs | $-271 |
The numbers
- Price
- $314,195
- $ / sq ft
- $201 ZIP median $182
- Rent estimate
- $1,904/mo HUD fair-market rent
- Property taxes
- $3,770/yr assumed 1.2% of price
- PITIA (assumed)
- $2,175/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $82/mo
- Lender DSCR (est.)
- 0.88 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 new this week
The property
- Beds / baths
- 3 / 2
- Living area
- 1,567 sq ft
- Lot
- 8,276 sq ft
- Year built
- 2026
- Property type
- Single Family
- HOA
- $82/mo
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22134032
- Listed
- Oct 29, 2026
- Days on market
- 4
- Listing agent
- Erin M. Hundley · Compass of Indiana, LLC
3174300866 · erin.hundley@compass.com - Price history
- First asked $314,195
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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.