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3score
$489,900
MLS
Street view12825 Andover Dr
Carmel IN 46033 · Single Family · built 1976
3 bd2 ba2,523 sqft$194/sqft vs ZIP $201 −3%
0.70 lender DSCR (est.)
Rent covers the estimated payment 0.70× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,276/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.
The underwriting
The numbers (estimates, illustrative)
$489,900List price
$2,276Rent estimate / mo
0.70Lender DSCR (est.)
$5,879Taxes / yr · assumed 1.2%
$201ZIP median $ / sqft
3/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,276 |
| − Mortgage (P&I) | −$2,569 |
| − Taxes | −$490 |
| − Insurance | −$204 |
| − HOA | −$8 |
| = Cash flow before vacancy & repairs | $-995 |
The numbers
- Price
- $489,900
- $ / sq ft
- $194 ZIP median $201
- Rent estimate
- $2,276/mo HUD fair-market rent
- Property taxes
- $5,879/yr assumed 1.2% of price
- PITIA (assumed)
- $3,271/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $8/mo
- Lender DSCR (est.)
- 0.70 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 3/100
The property
- Beds / baths
- 3 / 2
- Living area
- 2,523 sq ft
- Lot
- 16,117 sq ft
- Year built
- 1976
- Property type
- Single Family
- HOA
- $8/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22125926
- Listed
- Sep 18, 2026
- Days on market
- 17
- Listing agent
- Josh Neuman · @properties
3176988459 · jneuman@platcollective.com - Price history
- First asked $489,900
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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.