1 / 2
50score
Freddie Mac
$114,900
Freddie Mac
Listing photo1211 N Michigan St
Plymouth IN 46563 · Single Family
4 bd1 ba1,556 sqft$74/sqft
2.01 lender DSCR (est.)
Rent covers the estimated payment 2.01× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,540/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.
DSCR 2.01government REO
The underwriting
The numbers (estimates, illustrative)
$114,900List price
$1,540Rent estimate / mo
2.01Lender DSCR (est.)
$1,379Taxes / yr · assumed 1.2%
—ZIP median $ / sqft
50/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,540 |
| − Mortgage (P&I) | −$603 |
| − Taxes | −$115 |
| − Insurance | −$48 |
| = Cash flow before vacancy & repairs | $775 |
The numbers
- Price
- $114,900
- $ / sq ft
- $74
- Rent estimate
- $1,540/mo HUD fair-market rent
- Property taxes
- $1,379/yr assumed 1.2% of price
- PITIA (assumed)
- $765/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 2.01 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 50/100 DSCR 2.01 · government REO
The property
- Beds / baths
- 4 / 1
- Living area
- 1,556 sq ft
- Lot
- —
- Year built
- —
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Freddie Mac HomeSteps
- MLS #
- —
- Listed
- —
- Days on market
- —
- Listing agent
- Freddie Mac (REO)
- Price history
- No changes recorded
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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.