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5score
$390,000
MLS
Street view8910 Howlett Ln
Indianapolis IN 46259 · Single Family · built 2024
4 bd3 ba2,553 sqft$153/sqft vs ZIP $151 +1%
0.70 lender DSCR (est.)
Rent covers the estimated payment 0.70× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,041/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)
$390,000List price
$2,041Rent estimate / mo
0.70Lender DSCR (est.)
$7,896Taxes / yr · county assessor
$151ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,041 |
| − Mortgage (P&I) | −$2,045 |
| − Taxes | −$658 |
| − Insurance | −$163 |
| − HOA | −$48 |
| = Cash flow before vacancy & repairs | $-873 |
The numbers
- Price
- $390,000
- $ / sq ft
- $153 ZIP median $151
- Rent estimate
- $2,041/mo HUD fair-market rent
- Property taxes
- $7,896/yr 2% cap on assessed value $394,800
- PITIA (assumed)
- $2,914/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $48/mo
- Lender DSCR (est.)
- 0.70 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 below assessed value
The property
- Beds / baths
- 4 / 3
- Living area
- 2,553 sq ft
- Lot
- 10,454 sq ft
- Year built
- 2024
- Property type
- Single Family
- HOA
- $48/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22100499
- Listed
- May 7, 2026
- Days on market
- 149
- Listing agent
- Diana Elmore · Realty World-Turtle Crk Realty
3173404016 · diaelmo@aol.com - Price history
- First asked $390,000
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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.