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 1351 Turner Trace Pl N
1 / 6
13score
$350,000
MLS Street view
Search photos

1351 Turner Trace Pl N

Avon IN 46123 · Single Family · built 2006
3 bd2.5 ba2,489 sqft$141/sqft vs ZIP $167 −16%
0.84 lender DSCR (est.)
Rent covers the estimated payment 0.84× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,001/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.

16% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$350,000List price
$2,001Rent estimate / mo
0.84Lender DSCR (est.)
$4,200Taxes / yr · assumed 1.2%
$167ZIP median $ / sqft
13/100Deal Score

Monthly picture (illustrative)

Rent est.$2,001
− Mortgage (P&I)−$1,835
− Taxes−$350
− Insurance−$146
− HOA−$56
= Cash flow before vacancy & repairs$-386

The numbers

Price
$350,000
$ / sq ft
$141 ZIP median $167
Rent estimate
$2,001/mo HUD fair-market rent
Property taxes
$4,200/yr assumed 1.2% of price
PITIA (assumed)
$2,387/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $56/mo
Lender DSCR (est.)
0.84 rent ÷ PITIA · lender floor 1.20
Deal Score
13/100 16% under ZIP $/sqft

The property

Beds / baths
3 / 2.5
Living area
2,489 sq ft
Lot
6,970 sq ft
Year built
2006
Property type
Single Family
HOA
$56/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22098038
Listed
May 1, 2026
Days on market
157
Listing agent
Mike Ellis · Ellis & Associates Llc
3174405604 · mike.ellis@callellis.com
Price history
First asked $350,000
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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.

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