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
20score
New↓ $25,000New Construction
$618,990
Triad
Street view14481 Devonport Dr
Carmel IN 46033 · Single Family
3 bd3,369 sqft$184/sqft vs ZIP $201 −9%
0.55 lender DSCR (est.)
Rent covers the estimated payment 0.55× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,260/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.
9% under ZIP $/sqftprice cut 4%below assessed value
The underwriting
The numbers (estimates, illustrative)
$618,990List price
$2,260Rent estimate / mo
0.55Lender DSCR (est.)
$7,428Taxes / yr · assumed 1.2%
$201ZIP median $ / sqft
20/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,260 |
| − Mortgage (P&I) | −$3,246 |
| − Taxes | −$619 |
| − Insurance | −$258 |
| = Cash flow before vacancy & repairs | $-1,863 |
The numbers
- Price
- $618,990
- $ / sq ft
- $184 ZIP median $201
- Rent estimate
- $2,260/mo HUD fair-market rent
- Property taxes
- $7,428/yr assumed 1.2% of price
- PITIA (assumed)
- $4,123/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.55 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 20/100 9% under ZIP $/sqft · price cut 4% · below assessed value
The property
- Beds / baths
- 3 / —
- Living area
- 3,369 sq ft
- Lot
- 0.24 acres
- Year built
- —
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- —
- Listed
- Sep 30, 2026
- Days on market
- 49 relisted — counted from when we first saw it
- Listing agent
- Not on the feed — use the official listing link
- Price history
- First asked $643,990 · previously $608,990 cut $25,000
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.