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
1 / 6
7score
↓ $24,000
$715,000
MLS
Street view13996 Finnhorse Dr
Carmel IN 46032 · Single Family · built 2017
3 bd3 ba2,919 sqft$245/sqft vs ZIP $233 +5%
0.44 lender DSCR (est.)
Rent covers the estimated payment 0.44× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,235/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 3%
The underwriting
The numbers (estimates, illustrative)
$715,000List price
$2,235Rent estimate / mo
0.44Lender DSCR (est.)
$11,648Taxes / yr · county assessor
$233ZIP median $ / sqft
7/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,235 |
| − Mortgage (P&I) | −$3,750 |
| − Taxes | −$971 |
| − Insurance | −$298 |
| − HOA | −$96 |
| = Cash flow before vacancy & repairs | $-2,879 |
The numbers
- Price
- $715,000
- $ / sq ft
- $245 ZIP median $233
- Rent estimate
- $2,235/mo HUD fair-market rent
- Property taxes
- $11,648/yr 2% cap on assessed value $582,400
- PITIA (assumed)
- $5,114/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $96/mo
- Lender DSCR (est.)
- 0.44 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 7/100 price cut 3%
The property
- Beds / baths
- 3 / 3
- Living area
- 2,919 sq ft
- Lot
- 10,890 sq ft
- Year built
- 2017
- Property type
- Single Family
- HOA
- $96/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22119752
- Listed
- Aug 20, 2026
- Days on market
- 46
- Listing agent
- Dawn Pollard · eXp Realty, LLC
3036694425 · dawn.pollard@exprealty.com - Price history
- First asked $739,000 · previously $739,000 cut $24,000
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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.