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40score
↓ $40,000
$459,900
MLS
Street view8959 Rexford Rd
Indianapolis IN 46260 · Single Family · built 1967
4 bd2.5 ba4,329 sqft$106/sqft vs ZIP $172 −38%
0.56 lender DSCR (est.)
Rent covers the estimated payment 0.56× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,985/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.
38% under ZIP $/sqftprice cut 9%below assessed value
The underwriting
The numbers (estimates, illustrative)
$459,900List price
$1,985Rent estimate / mo
0.56Lender DSCR (est.)
$10,086Taxes / yr · county assessor
$172ZIP median $ / sqft
40/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,985 |
| − Mortgage (P&I) | −$2,412 |
| − Taxes | −$841 |
| − Insurance | −$192 |
| − HOA | −$79 |
| = Cash flow before vacancy & repairs | $-1,538 |
The numbers
- Price
- $459,900
- $ / sq ft
- $106 ZIP median $172
- Rent estimate
- $1,985/mo HUD fair-market rent
- Property taxes
- $10,086/yr 2% cap on assessed value $504,300
- PITIA (assumed)
- $3,523/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $79/mo
- Lender DSCR (est.)
- 0.56 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 40/100 38% under ZIP $/sqft · price cut 9% · below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 4,329 sq ft
- Lot
- 26,136 sq ft
- Year built
- 1967
- Property type
- Single Family
- HOA
- $79/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22107329
- Listed
- Jul 19, 2026
- Days on market
- 76
- Listing agent
- Jerry Kutche Jr · Real Broker, LLC
3178632328 · jkutche@kutche.com - Price history
- First asked $499,900 · previously $499,900 cut $40,000
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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.