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
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23score
↓ $5,500
$384,500
MLS
Street view15108 Royal Grove Dr
Noblesville IN 46060 · Single Family · built 2009
4 bd2.5 ba2,776 sqft$139/sqft vs ZIP $184 −25%
0.76 lender DSCR (est.)
Rent covers the estimated payment 0.76× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,114/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.
25% under ZIP $/sqftprice cut 1%
The underwriting
The numbers (estimates, illustrative)
$384,500List price
$2,114Rent estimate / mo
0.76Lender DSCR (est.)
$7,116Taxes / yr · county assessor
$184ZIP median $ / sqft
23/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,114 |
| − Mortgage (P&I) | −$2,016 |
| − Taxes | −$593 |
| − Insurance | −$160 |
| − HOA | −$30 |
| = Cash flow before vacancy & repairs | $-686 |
The numbers
- Price
- $384,500
- $ / sq ft
- $139 ZIP median $184
- Rent estimate
- $2,114/mo HUD fair-market rent
- Property taxes
- $7,116/yr 2% cap on assessed value $355,800
- PITIA (assumed)
- $2,800/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $30/mo
- Lender DSCR (est.)
- 0.76 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 23/100 25% under ZIP $/sqft · price cut 1%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,776 sq ft
- Lot
- 6,098 sq ft
- Year built
- 2009
- Property type
- Single Family
- HOA
- $30/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22119175
- Listed
- Aug 14, 2026
- Days on market
- 52
- Listing agent
- Kristin Schiesser · F.C. Tucker Company - Noblesville
3175073050 · kristin.schiesser@talktotucker.com - Price history
- First asked $390,000 · previously $390,000 cut $5,500
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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.