Street view of 8923 W Cobblestone Dr
1 / 6
24score
$719,900
MLS Street view
Search photos

8923 W Cobblestone Dr

Zionsville IN 46077 · Single Family · built 2005
2 bd3 ba4,049 sqft$178/sqft vs ZIP $251 −29%
0.37 lender DSCR (est.)
Rent covers the estimated payment 0.37× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,813/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.

29% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$719,900List price
$1,813Rent estimate / mo
0.37Lender DSCR (est.)
$8,639Taxes / yr · assumed 1.2%
$251ZIP median $ / sqft
24/100Deal Score

Monthly picture (illustrative)

Rent est.$1,813
− Mortgage (P&I)−$3,775
− Taxes−$720
− Insurance−$300
− HOA−$67
= Cash flow before vacancy & repairs$-3,049

The numbers

Price
$719,900
$ / sq ft
$178 ZIP median $251
Rent estimate
$1,813/mo HUD fair-market rent
Property taxes
$8,639/yr assumed 1.2% of price
PITIA (assumed)
$4,862/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $67/mo
Lender DSCR (est.)
0.37 rent ÷ PITIA · lender floor 1.20
Deal Score
24/100 29% under ZIP $/sqft

The property

Beds / baths
2 / 3
Living area
4,049 sq ft
Lot
9,583 sq ft
Year built
2005
Property type
Single Family
HOA
$67/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22128113
Listed
Sep 25, 2026
Days on market
8
Listing agent
Suzanne Roell-carlson · Smart Choice Realtors, Llc
3175062530 · suzsold@aol.com
Price history
First asked $719,900
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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.

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