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
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16score
↓ $19,900
$325,000
MLS
Street view10236 Central Ave
Carmel IN 46280 · Single Family · built 1956
3 bd1.5 ba1,373 sqft$237/sqft vs ZIP $237 −0%
0.99 lender DSCR (est.)
Rent covers the estimated payment 0.99× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,284/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.
price cut 6%
The underwriting
The numbers (estimates, illustrative)
$325,000List price
$2,284Rent estimate / mo
0.99Lender DSCR (est.)
$5,604Taxes / yr · county assessor
$237ZIP median $ / sqft
16/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,284 |
| − Mortgage (P&I) | −$1,704 |
| − Taxes | −$467 |
| − Insurance | −$135 |
| = Cash flow before vacancy & repairs | $-23 |
The numbers
- Price
- $325,000
- $ / sq ft
- $237 ZIP median $237
- Rent estimate
- $2,284/mo HUD fair-market rent
- Property taxes
- $5,604/yr 2% cap on assessed value $280,200
- PITIA (assumed)
- $2,307/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.99 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 16/100 price cut 6%
The property
- Beds / baths
- 3 / 1.5
- Living area
- 1,373 sq ft
- Lot
- 16,553 sq ft
- Year built
- 1956
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22118850
- Listed
- Aug 7, 2026
- Days on market
- 59
- Listing agent
- Jamey Knight · Re/Max Real Estate Solutions
7656401900 · jamey@jameyknight.com - Price history
- First asked $344,900 · previously $344,900 cut $19,900
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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.