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Street view of 12154 Lindley Dr
1 / 6
31score
↓ $1,099
$295,900
MLS Street view
Search photos

12154 Lindley Dr

Noblesville IN 46060 · Single Family · built 2005
3 bd2.5 ba2,342 sqft$126/sqft vs ZIP $184 −31%
0.79 lender DSCR (est.)
Rent covers the estimated payment 0.79× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,735/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.

31% under ZIP $/sqftprice cut 0%below assessed value
The underwriting

The numbers (estimates, illustrative)

$295,900List price
$1,735Rent estimate / mo
0.79Lender DSCR (est.)
$5,932Taxes / yr · county assessor
$184ZIP median $ / sqft
31/100Deal Score

Monthly picture (illustrative)

Rent est.$1,735
− Mortgage (P&I)−$1,552
− Taxes−$494
− Insurance−$123
− HOA−$37
= Cash flow before vacancy & repairs$-471

The numbers

Price
$295,900
$ / sq ft
$126 ZIP median $184
Rent estimate
$1,735/mo HUD fair-market rent
Property taxes
$5,932/yr 2% cap on assessed value $296,600
PITIA (assumed)
$2,206/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $37/mo
Lender DSCR (est.)
0.79 rent ÷ PITIA · lender floor 1.20
Deal Score
31/100 31% under ZIP $/sqft · price cut 0% · below assessed value

The property

Beds / baths
3 / 2.5
Living area
2,342 sq ft
Lot
3,485 sq ft
Year built
2005
Property type
Single Family
HOA
$37/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22113355
Listed
Jul 10, 2026
Days on market
87
Listing agent
Brady Burg · F.C. Tucker Company - Zionsville
5134173168 · brady.burg@talktotucker.com
Price history
First asked $296,999 · previously $296,999 cut $1,099
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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.

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