Last confirmed active 17 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
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0score
$674,900
MLS
Street view11709 Whisper Bay Ct
Carmel IN 46033 · Single Family · built 1993
5 bd2.5 ba2,471 sqft$273/sqft vs ZIP $201 +36%
0.60 lender DSCR (est.)
Rent covers the estimated payment 0.60× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,752/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.
The underwriting
The numbers (estimates, illustrative)
$674,900List price
$2,752Rent estimate / mo
0.60Lender DSCR (est.)
$9,312Taxes / yr · county assessor
$201ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,752 |
| − Mortgage (P&I) | −$3,539 |
| − Taxes | −$776 |
| − Insurance | −$281 |
| = Cash flow before vacancy & repairs | $-1,844 |
The numbers
- Price
- $674,900
- $ / sq ft
- $273 ZIP median $201
- Rent estimate
- $2,752/mo HUD fair-market rent
- Property taxes
- $9,312/yr 2% cap on assessed value $465,600
- PITIA (assumed)
- $4,596/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.60 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 5 / 2.5
- Living area
- 2,471 sq ft
- Lot
- 11,761 sq ft
- Year built
- 1993
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22119617
- Listed
- Aug 21, 2026
- Days on market
- 45
- Listing agent
- Scott Armstrong · Armstrong Real Estate Brokerag
3174321544 · armstrongrebrokerage@gmail.com - Price history
- First asked $674,900
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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.