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
Street view of 12297 Meyers Pl
1 / 6
17score
↓ $10,100
$469,900
MLS Street view
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12297 Meyers Pl

Noblesville IN 46060 · Single Family · built 2021
4 bd2.5 ba3,031 sqft$155/sqft vs ZIP $184 −16%
0.62 lender DSCR (est.)
Rent covers the estimated payment 0.62× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,114/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.

16% under ZIP $/sqftprice cut 2%
The underwriting

The numbers (estimates, illustrative)

$469,900List price
$2,114Rent estimate / mo
0.62Lender DSCR (est.)
$8,404Taxes / yr · county assessor
$184ZIP median $ / sqft
17/100Deal Score

Monthly picture (illustrative)

Rent est.$2,114
− Mortgage (P&I)−$2,464
− Taxes−$700
− Insurance−$196
− HOA−$71
= Cash flow before vacancy & repairs$-1,317

The numbers

Price
$469,900
$ / sq ft
$155 ZIP median $184
Rent estimate
$2,114/mo HUD fair-market rent
Property taxes
$8,404/yr 2% cap on assessed value $420,200
PITIA (assumed)
$3,431/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $71/mo
Lender DSCR (est.)
0.62 rent ÷ PITIA · lender floor 1.20
Deal Score
17/100 16% under ZIP $/sqft · price cut 2%

The property

Beds / baths
4 / 2.5
Living area
3,031 sq ft
Lot
10,454 sq ft
Year built
2021
Property type
Single Family
HOA
$71/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22114828
Listed
Jul 17, 2026
Days on market
80
Listing agent
Chase Rainey · F.C. Tucker Company - Downtown
3174982234 · chase.rainey@talktotucker.com
Price history
First asked $480,000 · previously $480,000 cut $10,100
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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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