Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
11score
↓ $10,000
$355,000
MLS
Street view9220 Hemingway Dr
Indianapolis IN 46239 · Single Family · built 2026
4 bd2 ba2,346 sqft$151/sqft vs ZIP $148 +2%
0.78 lender DSCR (est.)
Rent covers the estimated payment 0.78× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,093/mo (ZIP + bedroom comps) ÷ 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.
price cut 3%below assessed value
The underwriting
The numbers (estimates, illustrative)
$355,000List price
$2,093Rent estimate / mo
0.78Lender DSCR (est.)
$7,390Taxes / yr · county assessor
$148ZIP median $ / sqft
11/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,093 |
| − Mortgage (P&I) | −$1,862 |
| − Taxes | −$616 |
| − Insurance | −$148 |
| − HOA | −$45 |
| = Cash flow before vacancy & repairs | $-577 |
The numbers
- Price
- $355,000
- $ / sq ft
- $151 ZIP median $148
- Rent estimate
- $2,093/mo ZIP + bedroom comps
- Property taxes
- $7,390/yr 2% cap on assessed value $369,500
- PITIA (assumed)
- $2,670/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $45/mo
- Lender DSCR (est.)
- 0.78 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 11/100 price cut 3% · below assessed value
The property
- Beds / baths
- 4 / 2
- Living area
- 2,346 sq ft
- Lot
- 8,276 sq ft
- Year built
- 2026
- Property type
- Single Family
- HOA
- $45/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123086
- Listed
- Aug 30, 2026
- Days on market
- 34
- Listing agent
- Neil Tremblett · F.C. Tucker Company - East
8123601399 · neilwt2001@gmail.com - Price history
- First asked $365,000 · previously $365,000 cut $10,000
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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.