OFF_MARKETExcellent Deal21 days on market

10807 Belair Dr

10807 Belair Dr, Indianapolis, IN 46280, Indianapolis, IN 46280
$459,990
Zestimate®:$453,100

Listing Price

Property image 1
10807 Belair Dr, Indianapolis, IN 46280
Loc: Indianapolis, IN
Days Listed
21
Tax Assessed
$362k
Zestimate®
$453k
Market Rate
Lot Size
6,970 sqft
Rent Estimate
$2,675/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.

9

Clay Center Elementary School

PK-5
2.2 mi away
9

Creekside Middle School

6-8
4.5 mi away
10

Carmel High School

9-12
2.5 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
7.44%
Total ROI
26.8%
Cash Flow
$524/mo
DSCR
1.23
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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
2026-06-12Sold$448,000$215
2026-05-16Pending sale$459,990$221
2026-05-06Price change$459,990$221
2026-04-22Listed for sale$469,990$226
2009-05-17Listing removed$197,500$95
2009-03-18Listed for sale$197,500$95

Tax History

YearProperty TaxTax Assessment
2025$3,575.88$361,700
2024$3,307.04$334,400
2023$3,219$321,400
2022$2,552.68$285,100
2021$2,195.82$234,500
2020$2,123.54$212,600
2019$0$208,600
2018$1,682.2$187,500
2017$1,358.56$180,600
2016$1,236.94$165,900
2014$1,229.86$162,100
2013$1,127.1$154,300
2012$999.44$154,300
2011$943.04$155,500
2010$1,149$167,800
2009$872.36$167,800
2007$946.42$149,700
2006$1,170.28$149,700
2005$0$130,100
2002$1,354.3$87,300
2001$2,235.59$29,100
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
2,079
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: $459,990Rent Basis: Observed Comp Model ($2,675/mo)State Tax Benchmark: 0.81% (IN)Hazard Reserve: $134/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.39%

NOI: $20,179/yr

Cash-on-Cash Yield
-8.0%

On $105,798 invested

DSCR Ratio
0.70x

Negative debt coverage

5-Yr Leveraged ROI
+54.2%

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)-$244/mo
Homeowner / Hazard Insurance-$134/mo
Vacancy Reserve (5% of rent)-$134/mo
Repairs & Maintenance (10% of rent)-$268/mo
Property Management (8% of rent)-$214/mo
Total Pure Operating Expenses-$993/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,675/mo
Less: Operating Expenses-$993/mo
Net Operating Income (NOI)+$1,682/mo
Less: Debt Service (30yr @ 6.75%)-$2,387/mo
Net Cash Flow
$-705/mo
$-8,462/year
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