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8score
New
$425,000
MLS
Street view10416 Cornell Ave
Carmel IN 46280 · Single Family · built 1958
4 bd2 ba1,577 sqft$269/sqft vs ZIP $237 +14%
0.95 lender DSCR (est.)
Rent covers the estimated payment 0.95× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,718/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.
new this week
The underwriting
The numbers (estimates, illustrative)
$425,000List price
$2,718Rent estimate / mo
0.95Lender DSCR (est.)
$5,360Taxes / yr · county assessor
$237ZIP median $ / sqft
8/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,718 |
| − Mortgage (P&I) | −$2,229 |
| − Taxes | −$447 |
| − Insurance | −$177 |
| = Cash flow before vacancy & repairs | $-134 |
The numbers
- Price
- $425,000
- $ / sq ft
- $269 ZIP median $237
- Rent estimate
- $2,718/mo HUD fair-market rent
- Property taxes
- $5,360/yr 2% cap on assessed value $268,000
- PITIA (assumed)
- $2,852/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.95 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 8/100 new this week
The property
- Beds / baths
- 4 / 2
- Living area
- 1,577 sq ft
- Lot
- 10,019 sq ft
- Year built
- 1958
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22134378
- Listed
- Nov 1, 2026
- Days on market
- 2
- Listing agent
- Krystal Maldonado · West & Main Real Estate
3173953037 - Price history
- First asked $425,000
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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.