1 / 6
18score
New Construction
$339,290
MLS
Street view8905 Noble Heights Ln
Indianapolis IN 46113 · Single Family · built 2026
4 bd2.5 ba2,169 sqft$156/sqft vs ZIP $182 −14%
0.99 lender DSCR (est.)
Rent covers the estimated payment 0.99× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,323/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.
14% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$339,290List price
$2,323Rent estimate / mo
0.99Lender DSCR (est.)
$4,071Taxes / yr · assumed 1.2%
$182ZIP median $ / sqft
18/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,323 |
| − Mortgage (P&I) | −$1,779 |
| − Taxes | −$339 |
| − Insurance | −$141 |
| − HOA | −$82 |
| = Cash flow before vacancy & repairs | $-19 |
The numbers
- Price
- $339,290
- $ / sq ft
- $156 ZIP median $182
- Rent estimate
- $2,323/mo HUD fair-market rent
- Property taxes
- $4,071/yr assumed 1.2% of price
- PITIA (assumed)
- $2,342/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $82/mo
- Lender DSCR (est.)
- 0.99 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 18/100 14% under ZIP $/sqft
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,169 sq ft
- Lot
- 8,712 sq ft
- Year built
- 2026
- Property type
- Single Family
- HOA
- $82/mo
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22131688
- Listed
- Oct 15, 2026
- Days on market
- 17
- Listing agent
- Erin M. Hundley · Compass of Indiana, LLC
3174300866 · erin.hundley@compass.com - Price history
- First asked $339,290
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.