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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28score
$355,000
MLS
Street view1036 Spanish Lake Dr
Avon IN 46123 · Single Family · built 1999
4 bd2.5 ba2,872 sqft$124/sqft vs ZIP $167 −26%
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. $2,429/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.
26% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$355,000List price
$2,429Rent estimate / mo
1.00Lender DSCR (est.)
$4,260Taxes / yr · assumed 1.2%
$167ZIP median $ / sqft
28/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,429 |
| − Mortgage (P&I) | −$1,862 |
| − Taxes | −$355 |
| − Insurance | −$148 |
| − HOA | −$56 |
| = Cash flow before vacancy & repairs | $8 |
The numbers
- Price
- $355,000
- $ / sq ft
- $124 ZIP median $167
- Rent estimate
- $2,429/mo HUD fair-market rent
- Property taxes
- $4,260/yr assumed 1.2% of price
- PITIA (assumed)
- $2,421/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $56/mo
- Lender DSCR (est.)
- 1.00 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 28/100 26% under ZIP $/sqft
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,872 sq ft
- Lot
- 12,197 sq ft
- Year built
- 1999
- Property type
- Single Family
- HOA
- $56/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22088274
- Listed
- Apr 16, 2026
- Days on market
- 172
- Listing agent
- Amber Russell · Keller Williams Indy Metro Ne
3172468066 · amber@amberrussell.com - Price history
- First asked $355,000
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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.