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5score
$264,500
MLS
Street view8823 Wintergreen Way
Indianapolis IN 46256 · Single Family · built 1987
3 bd2 ba1,425 sqft$186/sqft vs ZIP $170 +9%
0.78 lender DSCR (est.)
Rent covers the estimated payment 0.78× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,577/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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$264,500List price
$1,577Rent estimate / mo
0.78Lender DSCR (est.)
$5,468Taxes / yr · county assessor
$170ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,577 |
| − Mortgage (P&I) | −$1,387 |
| − Taxes | −$456 |
| − Insurance | −$110 |
| − HOA | −$71 |
| = Cash flow before vacancy & repairs | $-447 |
The numbers
- Price
- $264,500
- $ / sq ft
- $186 ZIP median $170
- Rent estimate
- $1,577/mo HUD fair-market rent
- Property taxes
- $5,468/yr 2% cap on assessed value $273,400
- PITIA (assumed)
- $2,024/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $71/mo
- Lender DSCR (est.)
- 0.78 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 below assessed value
The property
- Beds / baths
- 3 / 2
- Living area
- 1,425 sq ft
- Lot
- 7,405 sq ft
- Year built
- 1987
- Property type
- Single Family
- HOA
- $71/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22127958
- Listed
- Sep 24, 2026
- Days on market
- 8
- Listing agent
- Carmen Wright · F.C. Tucker Company - Carmel
3176906552 · customerservice@talktotucker.com - Price history
- First asked $264,500
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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.