1 / 6
24score
New
$214,000
MLS
Street view110 W Waterman Dr
Noblesville IN 46060 · Single Family · built 1963
3 bd2 ba1,120 sqft$191/sqft vs ZIP $183 +4%
1.19 lender DSCR (est.)
Rent covers the estimated payment 1.19× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,699/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.
new this week
The underwriting
The numbers (estimates, illustrative)
$214,000List price
$1,699Rent estimate / mo
1.19Lender DSCR (est.)
$2,568Taxes / yr · assumed 1.2%
$183ZIP median $ / sqft
24/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,699 |
| − Mortgage (P&I) | −$1,122 |
| − Taxes | −$214 |
| − Insurance | −$89 |
| = Cash flow before vacancy & repairs | $274 |
The numbers
- Price
- $214,000
- $ / sq ft
- $191 ZIP median $183
- Rent estimate
- $1,699/mo HUD fair-market rent
- Property taxes
- $2,568/yr assumed 1.2% of price
- PITIA (assumed)
- $1,425/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.19 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 24/100 new this week
The property
- Beds / baths
- 3 / 2
- Living area
- 1,120 sq ft
- Lot
- 19,166 sq ft
- Year built
- 1963
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22134387
- Listed
- Oct 31, 2026
- Days on market
- 3
- Listing agent
- Vylla Home
8665955008 · victor.gutierrez@vylla.com - Price history
- First asked $214,000
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.