Last confirmed active 19 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 8836 Westminster Ct
1 / 6
36score
↓ $20,000
$379,900
MLS Street view
Search photos

8836 Westminster Ct

Indianapolis IN 46256 · Single Family · built 1966
3 bd2 ba2,975 sqft$128/sqft vs ZIP $171 −25%
0.55 lender DSCR (est.)
Rent covers the estimated payment 0.55× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,566/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.

25% under ZIP $/sqftprice cut 5%below assessed value
The underwriting

The numbers (estimates, illustrative)

$379,900List price
$1,566Rent estimate / mo
0.55Lender DSCR (est.)
$8,126Taxes / yr · county assessor
$171ZIP median $ / sqft
36/100Deal Score

Monthly picture (illustrative)

Rent est.$1,566
− Mortgage (P&I)−$1,992
− Taxes−$677
− Insurance−$158
= Cash flow before vacancy & repairs$-1,262

The numbers

Price
$379,900
$ / sq ft
$128 ZIP median $171
Rent estimate
$1,566/mo HUD fair-market rent
Property taxes
$8,126/yr 2% cap on assessed value $406,300
PITIA (assumed)
$2,828/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.55 rent ÷ PITIA · lender floor 1.20
Deal Score
36/100 25% under ZIP $/sqft · price cut 5% · below assessed value

The property

Beds / baths
3 / 2
Living area
2,975 sq ft
Lot
27,443 sq ft
Year built
1966
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22112149
Listed
Jul 15, 2026
Days on market
80
Listing agent
Gary Bieberich · List4Less Discount Realty
3177163733 · sell4free@msn.com
Price history
First asked $399,900 · previously $399,900 cut $20,000
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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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