OFF_MARKETRisky Deal2 days on market

8128 Forsythia Ct

8128 Forsythia Ct, Indianapolis, IN 46219, Indianapolis, IN 46219
$229,900
Zestimate®:$230,100$200 Under Market

Listing Price

Property image 1
8128 Forsythia Ct, Indianapolis, IN 46219
Loc: Indianapolis, IN
Days Listed
2
Tax Assessed
$219k
Zestimate®
$230k
0% Under Valued
Lot Size
0.30 acres
Rent Estimate
$1,766/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

4

Pleasant Run Elementary School

K-4
0.3 mi away
4

Stonybrook Middle School (7-8)

5-8
3.1 mi away
3

Warren Central High School

9-12
1.2 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
5.80%
Total ROI
85.0%
Cash Flow
$-81/mo
DSCR
0.93
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-16Sold$229,900$122
2026-03-03Pending sale$229,900$122
2026-02-24Listed for sale$229,900$122
2021-03-24Listing removed$0
2018-03-16Sold$140,000$74
2017-06-13Listing removed$132,550$70
2017-05-23Price change$132,550$70
2017-05-20Listed for sale$129,950$69
2015-06-16Sold$118,000$63

Tax History

YearProperty TaxTax Assessment
2025$2,246.98$219,200
2024$2,190.34$196,800
2023$1,851.88$192,800
2022$1,663.1$169,400
2021$1,494.84$152,400
2020$1,495.68$137,400
2019$1,326.34$137,400
2018$2,334.84$122,500
2017$2,461$115,100
2016$723.66$117,800
2014$709.7$106,200
2013$738.36$115,000
2012$738.36$120,800
2011$0$116,800
2010$709.54$120,500
2009$695.34$120,500
2007$0$124,200
2006$0$124,300
2005$0$108,500
2004$0$108,500
2003$0$108,500
2002$0$63,000
2001$0$21,000
2000$0$21,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
1,884
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $229,900Rent Basis: Observed Comp Model ($1,766/mo)State Tax Benchmark: 0.81% (IN)Hazard Reserve: $100/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.80%

NOI: $13,342/yr

Cash-on-Cash Yield
-1.8%

On $52,877 invested

DSCR Ratio
0.93x

Negative debt coverage

5-Yr Leveraged ROI
+85.0%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.81% of basis)-$148/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$88/mo
Repairs & Maintenance (10% of rent)-$177/mo
Property Management (8% of rent)-$141/mo
Total Pure Operating Expenses-$654/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,766/mo
Less: Operating Expenses-$654/mo
Net Operating Income (NOI)+$1,112/mo
Less: Debt Service (30yr @ 6.75%)-$1,193/mo
Net Cash Flow
$-81/mo
$-972/year
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