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5score
New
$3,500,000
MLS
Street view1397 Chatham Ridge Ct
Westfield IN 46074 · Single Family · built 2025
5 bd5.5 ba8,107 sqft$432/sqft vs ZIP $211 +105%
0.11 lender DSCR (est.)
Rent covers the estimated payment 0.11× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,647/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.
new this week
The underwriting
The numbers (estimates, illustrative)
$3,500,000List price
$2,647Rent estimate / mo
0.11Lender DSCR (est.)
$46,528Taxes / yr · county assessor
$211ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,647 |
| − Mortgage (P&I) | −$18,354 |
| − Taxes | −$3,877 |
| − Insurance | −$1,458 |
| − HOA | −$138 |
| = Cash flow before vacancy & repairs | $-21,181 |
The numbers
- Price
- $3,500,000
- $ / sq ft
- $432 ZIP median $211
- Rent estimate
- $2,647/mo HUD fair-market rent
- Property taxes
- $46,528/yr 2% cap on assessed value $2,326,400
- PITIA (assumed)
- $23,828/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $138/mo
- Lender DSCR (est.)
- 0.11 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 new this week
The property
- Beds / baths
- 5 / 5.5
- Living area
- 8,107 sq ft
- Lot
- 19,166 sq ft
- Year built
- 2025
- Property type
- Single Family
- HOA
- $138/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22121610
- Listed
- Oct 29, 2026
- Days on market
- 5
- Listing agent
- Kyle Ingle · eXp Realty, LLC
5743091197 · itskyleingle@gmail.com - Price history
- First asked $3,500,000
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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.