Street view of 11614 Platt St
1 / 6
20score
$650,000
MLS Street view
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11614 Platt St

Noblesville IN 46060 · Single Family · built 2017
4 bd4 ba4,308 sqft$151/sqft vs ZIP $183 −18%
0.42 lender DSCR (est.)
Rent covers the estimated payment 0.42× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,070/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.

17% under ZIP $/sqftbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$650,000List price
$2,070Rent estimate / mo
0.42Lender DSCR (est.)
$13,672Taxes / yr · county assessor
$183ZIP median $ / sqft
20/100Deal Score

Monthly picture (illustrative)

Rent est.$2,070
− Mortgage (P&I)−$3,409
− Taxes−$1,139
− Insurance−$271
− HOA−$58
= Cash flow before vacancy & repairs$-2,807

The numbers

Price
$650,000
$ / sq ft
$151 ZIP median $183
Rent estimate
$2,070/mo HUD fair-market rent
Property taxes
$13,672/yr 2% cap on assessed value $683,600
PITIA (assumed)
$4,877/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $58/mo
Lender DSCR (est.)
0.42 rent ÷ PITIA · lender floor 1.20
Deal Score
20/100 17% under ZIP $/sqft · below assessed value

The property

Beds / baths
4 / 4
Living area
4,308 sq ft
Lot
12,197 sq ft
Year built
2017
Property type
Single Family
HOA
$58/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22123746
Listed
Sep 25, 2026
Days on market
38
Listing agent
Jana Hillen · Keller Williams Indy Metro Ne
3175183428 · jana.hillen@kw.com
Price history
First asked $650,000
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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.

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