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
1 / 6
11score
↓ $15,000
$235,000
MLS
Street view10550 Mcpherson St
Carmel IN 46280 · Single Family · built 1955
1 bd1 ba768 sqft$306/sqft vs ZIP $237 +29%
0.92 lender DSCR (est.)
Rent covers the estimated payment 0.92× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,533/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.
price cut 6%
The underwriting
The numbers (estimates, illustrative)
$235,000List price
$1,533Rent estimate / mo
0.92Lender DSCR (est.)
$3,964Taxes / yr · county assessor
$237ZIP median $ / sqft
11/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,533 |
| − Mortgage (P&I) | −$1,232 |
| − Taxes | −$330 |
| − Insurance | −$98 |
| = Cash flow before vacancy & repairs | $-128 |
The numbers
- Price
- $235,000
- $ / sq ft
- $306 ZIP median $237
- Rent estimate
- $1,533/mo HUD fair-market rent
- Property taxes
- $3,964/yr 2% cap on assessed value $198,200
- PITIA (assumed)
- $1,661/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.92 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 11/100 price cut 6%
The property
- Beds / baths
- 1 / 1
- Living area
- 768 sq ft
- Lot
- 10,019 sq ft
- Year built
- 1955
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22122411
- Listed
- Aug 25, 2026
- Days on market
- 41
- Listing agent
- Scott Armstrong · Armstrong Real Estate Brokerag
3174321544 · armstrongrebrokerage@gmail.com - Price history
- First asked $250,000 · previously $250,000 cut $15,000
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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.