Street view of 9140 Powderhorn Ln
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9score
$349,900
MLS Street view
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9140 Powderhorn Ln

Indianapolis IN 46256 · Single Family · built 1988
4 bd2.5 ba2,292 sqft$153/sqft vs ZIP $170 −10%
0.76 lender DSCR (est.)
Rent covers the estimated payment 0.76× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,927/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.

10% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$349,900List price
$1,927Rent estimate / mo
0.76Lender DSCR (est.)
$6,688Taxes / yr · county assessor
$170ZIP median $ / sqft
9/100Deal Score

Monthly picture (illustrative)

Rent est.$1,927
− Mortgage (P&I)−$1,835
− Taxes−$557
− Insurance−$146
− HOA−$8
= Cash flow before vacancy & repairs$-619

The numbers

Price
$349,900
$ / sq ft
$153 ZIP median $170
Rent estimate
$1,927/mo HUD fair-market rent
Property taxes
$6,688/yr 2% cap on assessed value $334,400
PITIA (assumed)
$2,546/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $8/mo
Lender DSCR (est.)
0.76 rent ÷ PITIA · lender floor 1.20
Deal Score
9/100 10% under ZIP $/sqft

The property

Beds / baths
4 / 2.5
Living area
2,292 sq ft
Lot
11,761 sq ft
Year built
1988
Property type
Single Family
HOA
$8/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22123951
Listed
Sep 10, 2026
Days on market
23
Listing agent
Shelby Alford · Mark Dietel Realty, LLC
3174417887 · mark.dietel@markdietel.com
Price history
First asked $349,900
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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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