Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
25score
↓ $50,000
$919,000
MLS
Street view12448 Glendurgan Dr
Carmel IN 46032 · Single Family · built 1991
5 bd3.5 ba4,846 sqft$190/sqft vs ZIP $233 −19%
0.40 lender DSCR (est.)
Rent covers the estimated payment 0.40× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,728/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.
18% under ZIP $/sqftprice cut 5%
The underwriting
The numbers (estimates, illustrative)
$919,000List price
$2,728Rent estimate / mo
0.40Lender DSCR (est.)
$17,584Taxes / yr · county assessor
$233ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,728 |
| − Mortgage (P&I) | −$4,819 |
| − Taxes | −$1,465 |
| − Insurance | −$383 |
| − HOA | −$85 |
| = Cash flow before vacancy & repairs | $-4,025 |
The numbers
- Price
- $919,000
- $ / sq ft
- $190 ZIP median $233
- Rent estimate
- $2,728/mo HUD fair-market rent
- Property taxes
- $17,584/yr 2% cap on assessed value $879,200
- PITIA (assumed)
- $6,753/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $85/mo
- Lender DSCR (est.)
- 0.40 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 25/100 18% under ZIP $/sqft · price cut 5%
The property
- Beds / baths
- 5 / 3.5
- Living area
- 4,846 sq ft
- Lot
- 20,038 sq ft
- Year built
- 1991
- Property type
- Single Family
- HOA
- $85/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22113401
- Listed
- Jul 11, 2026
- Days on market
- 86
- Listing agent
- Angel Dean · F.C. Tucker Company
3175712200 · angel.dean@talktotucker.com - Price history
- First asked $969,000 · previously $969,000 cut $50,000
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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.