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
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10score
$584,999
MLS
Street view12565 Cheddar Ct
Noblesville IN 46060 · Single Family · built 2023
5 bd4 ba3,602 sqft$162/sqft vs ZIP $184 −12%
0.50 lender DSCR (est.)
Rent covers the estimated payment 0.50× · 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.
12% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$584,999List price
$2,114Rent estimate / mo
0.50Lender DSCR (est.)
$10,416Taxes / yr · county assessor
$184ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,114 |
| − Mortgage (P&I) | −$3,068 |
| − Taxes | −$868 |
| − Insurance | −$244 |
| − HOA | −$71 |
| = Cash flow before vacancy & repairs | $-2,137 |
The numbers
- Price
- $584,999
- $ / sq ft
- $162 ZIP median $184
- Rent estimate
- $2,114/mo HUD fair-market rent
- Property taxes
- $10,416/yr 2% cap on assessed value $520,800
- PITIA (assumed)
- $4,251/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $71/mo
- Lender DSCR (est.)
- 0.50 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 12% under ZIP $/sqft
The property
- Beds / baths
- 5 / 4
- Living area
- 3,602 sq ft
- Lot
- 8,712 sq ft
- Year built
- 2023
- Property type
- Single Family
- HOA
- $71/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123624
- Listed
- Sep 1, 2026
- Days on market
- 34
- Listing agent
- Brent Wren · The Modglin Group
3173391032 · brent@themodglingroup.com - Price history
- First asked $584,999
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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.