Last confirmed active 17 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
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0score
New Construction
$1,421,680
MLS
Street view1015 W Main St
Carmel IN 46032 · Condo · built 2026
3 bd3.5 ba2,734 sqft$520/sqft vs ZIP $233 +123%
0.22 lender DSCR (est.)
Rent covers the estimated payment 0.22× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,235/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
The underwriting
The numbers (estimates, illustrative)
$1,421,680List price
$2,235Rent estimate / mo
0.22Lender DSCR (est.)
$17,060Taxes / yr · assumed 1.2%
$233ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,235 |
| − Mortgage (P&I) | −$7,455 |
| − Taxes | −$1,422 |
| − Insurance | −$592 |
| − HOA | −$750 |
| = Cash flow before vacancy & repairs | $-7,984 |
The numbers
- Price
- $1,421,680
- $ / sq ft
- $520 ZIP median $233
- Rent estimate
- $2,235/mo HUD fair-market rent
- Property taxes
- $17,060/yr assumed 1.2% of price
- PITIA (assumed)
- $10,219/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $750/mo
- Lender DSCR (est.)
- 0.22 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 3.5
- Living area
- 2,734 sq ft
- Lot
- 239,580 sq ft
- Year built
- 2026
- Property type
- Condo
- HOA
- $750/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22096235
- Listed
- Apr 20, 2026
- Days on market
- 168
- Listing agent
- Petra Pavlic · @properties
3173161440 · ppavlic@highgarden.com - Price history
- First asked $1,421,680
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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.