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
1 / 6
23score
↓ $5,100
$419,900
MLS
Street view1037 Orlando St
Carmel IN 46032 · Townhouse · built 2009
3 bd3.5 ba2,400 sqft$175/sqft vs ZIP $233 −25%
0.71 lender DSCR (est.)
Rent covers the estimated payment 0.71× · walk-away floor 1.20 · medium 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 from the county assessor. Assumptions as of 2026-09-12.
25% under ZIP $/sqftprice cut 1%
The underwriting
The numbers (estimates, illustrative)
$419,900List price
$2,235Rent estimate / mo
0.71Lender DSCR (est.)
$7,320Taxes / yr · county assessor
$233ZIP median $ / sqft
23/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,235 |
| − Mortgage (P&I) | −$2,202 |
| − Taxes | −$610 |
| − Insurance | −$175 |
| − HOA | −$175 |
| = Cash flow before vacancy & repairs | $-927 |
The numbers
- Price
- $419,900
- $ / sq ft
- $175 ZIP median $233
- Rent estimate
- $2,235/mo HUD fair-market rent
- Property taxes
- $7,320/yr 2% cap on assessed value $366,000
- PITIA (assumed)
- $3,162/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $175/mo
- Lender DSCR (est.)
- 0.71 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 23/100 25% under ZIP $/sqft · price cut 1%
The property
- Beds / baths
- 3 / 3.5
- Living area
- 2,400 sq ft
- Lot
- 2,178 sq ft
- Year built
- 2009
- Property type
- Townhouse
- HOA
- $175/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22118494
- Listed
- Aug 6, 2026
- Days on market
- 60
- Listing agent
- Aaron Starr · F.C. Tucker Company - Noblesville
3174391933 · aaron.starr@talktotucker.com - Price history
- First asked $425,000 · previously $425,000 cut $5,100
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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.