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20score
$425,000
MLS
Street view10485 Jessup Blvd
Carmel IN 46280 · Single Family · built 2012
4 bd3.5 ba2,360 sqft$180/sqft vs ZIP $237 −24%
0.89 lender DSCR (est.)
Rent covers the estimated payment 0.89× · 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.
24% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$425,000List price
$2,718Rent estimate / mo
0.89Lender DSCR (est.)
$7,754Taxes / yr · county assessor
$237ZIP median $ / sqft
20/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,718 |
| − Mortgage (P&I) | −$2,229 |
| − Taxes | −$646 |
| − Insurance | −$177 |
| = Cash flow before vacancy & repairs | $-334 |
The numbers
- Price
- $425,000
- $ / sq ft
- $180 ZIP median $237
- Rent estimate
- $2,718/mo HUD fair-market rent
- Property taxes
- $7,754/yr 2% cap on assessed value $387,700
- PITIA (assumed)
- $3,052/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.89 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 20/100 24% under ZIP $/sqft
The property
- Beds / baths
- 4 / 3.5
- Living area
- 2,360 sq ft
- Lot
- 11,326 sq ft
- Year built
- 2012
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22112075
- Listed
- Oct 22, 2026
- Days on market
- 12
- Listing agent
- Tina Snodgrass · Homeward Bound Realty LLC
3177485041 · goteamsnodgrass@gmail.com - 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.