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
15score
↓ $14,900
$450,000
MLS
Street view14558 Cherry Ridge Rd
Carmel IN 46033 · Single Family · built 1996
4 bd2.5 ba2,484 sqft$181/sqft vs ZIP $201 −10%
0.87 lender DSCR (est.)
Rent covers the estimated payment 0.87× · 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.
10% under ZIP $/sqftprice cut 3%
The underwriting
The numbers (estimates, illustrative)
$450,000List price
$2,752Rent estimate / mo
0.87Lender DSCR (est.)
$6,958Taxes / yr · county assessor
$201ZIP median $ / sqft
15/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,752 |
| − Mortgage (P&I) | −$2,360 |
| − Taxes | −$580 |
| − Insurance | −$188 |
| − HOA | −$44 |
| = Cash flow before vacancy & repairs | $-419 |
The numbers
- Price
- $450,000
- $ / sq ft
- $181 ZIP median $201
- Rent estimate
- $2,752/mo HUD fair-market rent
- Property taxes
- $6,958/yr 2% cap on assessed value $347,900
- PITIA (assumed)
- $3,171/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $44/mo
- Lender DSCR (est.)
- 0.87 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 15/100 10% under ZIP $/sqft · price cut 3%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,484 sq ft
- Lot
- 10,454 sq ft
- Year built
- 1996
- Property type
- Single Family
- HOA
- $44/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22093914
- Listed
- Jul 29, 2026
- Days on market
- 68
- Listing agent
- Bruce Higgins · F.C. Tucker Company
3178437766 · bruce.higgins@talktotucker.com - Price history
- First asked $464,900 · previously $464,900 cut $14,900
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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.