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34score
↓ $4,000
$415,000
MLS
Street view10306 New Jersey St
Carmel IN 46280 · Single Family · built 1959
4 bd2.5 ba2,640 sqft$157/sqft vs ZIP $237 −34%
1.00 lender DSCR (est.)
Rent covers the estimated payment 1.00× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,776/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.
34% under ZIP $/sqftprice cut 1%
The underwriting
The numbers (estimates, illustrative)
$415,000List price
$2,776Rent estimate / mo
1.00Lender DSCR (est.)
$4,980Taxes / yr · assumed 1.2%
$237ZIP median $ / sqft
34/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,776 |
| − Mortgage (P&I) | −$2,176 |
| − Taxes | −$415 |
| − Insurance | −$173 |
| = Cash flow before vacancy & repairs | $12 |
The numbers
- Price
- $415,000
- $ / sq ft
- $157 ZIP median $237
- Rent estimate
- $2,776/mo HUD fair-market rent
- Property taxes
- $4,980/yr assumed 1.2% of price
- PITIA (assumed)
- $2,764/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.00 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 34/100 34% under ZIP $/sqft · price cut 1%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,640 sq ft
- Lot
- 20,909 sq ft
- Year built
- 1959
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22119916
- Listed
- Aug 20, 2026
- Days on market
- 46
- Listing agent
- Ashley Braun · eXp Realty, LLC
3174915930 · in.broker@exprealty.net - Price history
- First asked $419,000 · previously $419,000 cut $4,000
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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.