1 / 6
10score
New
$849,900
MLS
Street view8917 Admirals Bay Dr
Indianapolis IN 46236 · Single Family · built 1992
5 bd4.5 ba5,587 sqft$152/sqft vs ZIP $162 −6%
0.49 lender DSCR (est.)
Rent covers the estimated payment 0.49× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,951/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.
new this week
The underwriting
The numbers (estimates, illustrative)
$849,900List price
$2,951Rent estimate / mo
0.49Lender DSCR (est.)
$13,918Taxes / yr · county assessor
$162ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,951 |
| − Mortgage (P&I) | −$4,457 |
| − Taxes | −$1,160 |
| − Insurance | −$354 |
| − HOA | −$44 |
| = Cash flow before vacancy & repairs | $-3,064 |
The numbers
- Price
- $849,900
- $ / sq ft
- $152 ZIP median $162
- Rent estimate
- $2,951/mo HUD fair-market rent
- Property taxes
- $13,918/yr 2% cap on assessed value $695,900
- PITIA (assumed)
- $6,015/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $44/mo
- Lender DSCR (est.)
- 0.49 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 new this week
The property
- Beds / baths
- 5 / 4.5
- Living area
- 5,587 sq ft
- Lot
- 19,166 sq ft
- Year built
- 1992
- Property type
- Single Family
- HOA
- $44/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22126540
- Listed
- Oct 13, 2026
- Days on market
- 2
- Listing agent
- Kylie Dunkley · Highgarden Real Estate
8122496010 · kdunkley@terrehautelistings.com - Price history
- First asked $849,900
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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.