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33score
$270,000
MLS
Street view12120 E 141st St
Noblesville IN 46060 · Single Family · built 2006
4 bd2.5 ba1,940 sqft$139/sqft vs ZIP $183 −24%
1.02 lender DSCR (est.)
Rent covers the estimated payment 1.02× · 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.
24% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$270,000List price
$2,070Rent estimate / mo
1.02Lender DSCR (est.)
$5,486Taxes / yr · county assessor
$183ZIP median $ / sqft
33/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,070 |
| − Mortgage (P&I) | −$1,416 |
| − Taxes | −$457 |
| − Insurance | −$113 |
| − HOA | −$36 |
| = Cash flow before vacancy & repairs | $48 |
The numbers
- Price
- $270,000
- $ / sq ft
- $139 ZIP median $183
- Rent estimate
- $2,070/mo HUD fair-market rent
- Property taxes
- $5,486/yr 2% cap on assessed value $274,300
- PITIA (assumed)
- $2,022/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $36/mo
- Lender DSCR (est.)
- 1.02 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 33/100 24% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 1,940 sq ft
- Lot
- 5,227 sq ft
- Year built
- 2006
- Property type
- Single Family
- HOA
- $36/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22130754
- Listed
- Oct 10, 2026
- Days on market
- 23
- Listing agent
- Hannah Walker · Berkshire Hathaway HomeServices Indiana Realty
7654374037 · hwalker@bhhsin.com - Price history
- First asked $270,000
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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.