1 / 6
30score
↓ $10,100
$234,900
MLS
Street view8948 Robey Dr
Indianapolis IN 46234 · Single Family · built 1946
2 bd2 ba1,948 sqft$121/sqft vs ZIP $160 −25%
0.92 lender DSCR (est.)
Rent covers the estimated payment 0.92× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,493/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.
24% under ZIP $/sqftprice cut 4%
The underwriting
The numbers (estimates, illustrative)
$234,900List price
$1,493Rent estimate / mo
0.92Lender DSCR (est.)
$3,482Taxes / yr · county assessor
$160ZIP median $ / sqft
30/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,493 |
| − Mortgage (P&I) | −$1,232 |
| − Taxes | −$290 |
| − Insurance | −$98 |
| = Cash flow before vacancy & repairs | $-127 |
The numbers
- Price
- $234,900
- $ / sq ft
- $121 ZIP median $160
- Rent estimate
- $1,493/mo HUD fair-market rent
- Property taxes
- $3,482/yr 2% cap on assessed value $174,100
- PITIA (assumed)
- $1,620/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.92 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 30/100 24% under ZIP $/sqft · price cut 4%
The property
- Beds / baths
- 2 / 2
- Living area
- 1,948 sq ft
- Lot
- 12,632 sq ft
- Year built
- 1946
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22107776
- Listed
- Jun 13, 2026
- Days on market
- 126
- Listing agent
- Tiffany Taylor · Keller Williams Indy Metro Ne
3177217557 · tiffanytaylor.realestate@gmail.com - Price history
- First asked $245,000 · previously $245,000 cut $10,100
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.