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
10score
↓ $26,500
$434,000
MLS
Street view11897 Esty Way
Carmel IN 46033 · Townhouse · built 2003
2 bd1.5 ba1,844 sqft$235/sqft vs ZIP $201 +17%
0.56 lender DSCR (est.)
Rent covers the estimated payment 0.56× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,743/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)
$434,000List price
$1,743Rent estimate / mo
0.56Lender DSCR (est.)
$5,578Taxes / yr · county assessor
$201ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,743 |
| − Mortgage (P&I) | −$2,276 |
| − Taxes | −$465 |
| − Insurance | −$181 |
| − HOA | −$167 |
| = Cash flow before vacancy & repairs | $-1,346 |
The numbers
- Price
- $434,000
- $ / sq ft
- $235 ZIP median $201
- Rent estimate
- $1,743/mo HUD fair-market rent
- Property taxes
- $5,578/yr 2% cap on assessed value $278,900
- PITIA (assumed)
- $3,089/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $167/mo
- Lender DSCR (est.)
- 0.56 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 6%
The property
- Beds / baths
- 2 / 1.5
- Living area
- 1,844 sq ft
- Lot
- 1,307 sq ft
- Year built
- 2003
- Property type
- Townhouse
- HOA
- $167/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22122235
- Listed
- Aug 26, 2026
- Days on market
- 40
- Listing agent
- Angela Apley · Carpenter, REALTORS®
3178164272 · jada@steveandjada.com - Price history
- First asked $460,500 · previously $460,500 cut $26,500
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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.