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
1 / 6
17score
↓ $9,901
$479,999
MLS
Street view8852 Ridge Hill Dr
Indianapolis IN 46217 · Single Family · built 1970
4 bd3 ba3,209 sqft$150/sqft vs ZIP $164 −9%
0.58 lender DSCR (est.)
Rent covers the estimated payment 0.58× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,055/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.
9% under ZIP $/sqftprice cut 2%below assessed value
The underwriting
The numbers (estimates, illustrative)
$479,999List price
$2,055Rent estimate / mo
0.58Lender DSCR (est.)
$9,802Taxes / yr · county assessor
$164ZIP median $ / sqft
17/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,055 |
| − Mortgage (P&I) | −$2,517 |
| − Taxes | −$817 |
| − Insurance | −$200 |
| = Cash flow before vacancy & repairs | $-1,479 |
The numbers
- Price
- $479,999
- $ / sq ft
- $150 ZIP median $164
- Rent estimate
- $2,055/mo ZIP + bedroom comps
- Property taxes
- $9,802/yr 2% cap on assessed value $490,100
- PITIA (assumed)
- $3,534/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.58 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 17/100 9% under ZIP $/sqft · price cut 2% · below assessed value
The property
- Beds / baths
- 4 / 3
- Living area
- 3,209 sq ft
- Lot
- 47,916 sq ft
- Year built
- 1970
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22116258
- Listed
- Aug 6, 2026
- Days on market
- 58
- Listing agent
- Tuesday Tate · COLDWELL BANKER KAISER
3178201089 · atkrealty@gmail.com - Price history
- First asked $489,900 · previously $489,900 cut $9,901
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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.