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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4score
↓ $10,000
$459,900
MLS
Street view1214 Ironwood Dr W
Carmel IN 46033 · Single Family · built 1980
4 bd2.5 ba2,164 sqft$213/sqft vs ZIP $201 +6%
0.90 lender DSCR (est.)
Rent covers the estimated payment 0.90× · walk-away floor 1.20 · low 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 assumed at 1.2% of price. Assumptions as of 2026-09-12.
price cut 2%
The underwriting
The numbers (estimates, illustrative)
$459,900List price
$2,752Rent estimate / mo
0.90Lender DSCR (est.)
$5,519Taxes / yr · assumed 1.2%
$201ZIP median $ / sqft
4/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,752 |
| − Mortgage (P&I) | −$2,412 |
| − Taxes | −$460 |
| − Insurance | −$192 |
| = Cash flow before vacancy & repairs | $-311 |
The numbers
- Price
- $459,900
- $ / sq ft
- $213 ZIP median $201
- Rent estimate
- $2,752/mo HUD fair-market rent
- Property taxes
- $5,519/yr assumed 1.2% of price
- PITIA (assumed)
- $3,063/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.90 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 4/100 price cut 2%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,164 sq ft
- Lot
- 20,909 sq ft
- Year built
- 1980
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22110715
- Listed
- Jun 26, 2026
- Days on market
- 101
- Listing agent
- Team Lazzara, Broker · Lazzara Real Estate
3175746644 · tom@tomlazzara.com - Price history
- First asked $469,900 · previously $469,900 cut $10,000
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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.