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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9score
↓ $20,000
$459,000
MLS
Street view13815 Fernleaf Way
Carmel IN 46033 · Single Family · built 2000
4 bd2.5 ba2,288 sqft$201/sqft vs ZIP $201 −0%
0.84 lender DSCR (est.)
Rent covers the estimated payment 0.84× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,752/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.
price cut 4%
The underwriting
The numbers (estimates, illustrative)
$459,000List price
$2,752Rent estimate / mo
0.84Lender DSCR (est.)
$7,448Taxes / yr · county assessor
$201ZIP median $ / sqft
9/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,752 |
| − Mortgage (P&I) | −$2,407 |
| − Taxes | −$621 |
| − Insurance | −$191 |
| − HOA | −$47 |
| = Cash flow before vacancy & repairs | $-514 |
The numbers
- Price
- $459,000
- $ / sq ft
- $201 ZIP median $201
- Rent estimate
- $2,752/mo HUD fair-market rent
- Property taxes
- $7,448/yr 2% cap on assessed value $372,400
- PITIA (assumed)
- $3,266/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $47/mo
- Lender DSCR (est.)
- 0.84 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 9/100 price cut 4%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,288 sq ft
- Lot
- 8,712 sq ft
- Year built
- 2000
- Property type
- Single Family
- HOA
- $47/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22117416
- Listed
- Aug 4, 2026
- Days on market
- 62
- Listing agent
- Jeff Sheets · Circle Real Estate
3178144848 · 210285.lead@leads.leadrouter.com - Price history
- First asked $479,000 · previously $469,000 cut $20,000
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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.