1 / 6
10score
↓ $50,001
$649,999
MLS
Street view15150 Fairlands Dr
Westfield IN 46074 · Single Family · built 2022
3 bd2.5 ba2,402 sqft$271/sqft vs ZIP $211 +28%
0.46 lender DSCR (est.)
Rent covers the estimated payment 0.46× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,173/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 8%
The underwriting
The numbers (estimates, illustrative)
$649,999List price
$2,173Rent estimate / mo
0.46Lender DSCR (est.)
$10,452Taxes / yr · county assessor
$211ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,173 |
| − Mortgage (P&I) | −$3,409 |
| − Taxes | −$871 |
| − Insurance | −$271 |
| − HOA | −$137 |
| = Cash flow before vacancy & repairs | $-2,514 |
The numbers
- Price
- $649,999
- $ / sq ft
- $271 ZIP median $211
- Rent estimate
- $2,173/mo HUD fair-market rent
- Property taxes
- $10,452/yr 2% cap on assessed value $522,600
- PITIA (assumed)
- $4,687/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $137/mo
- Lender DSCR (est.)
- 0.46 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 8%
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,402 sq ft
- Lot
- 5,663 sq ft
- Year built
- 2022
- Property type
- Single Family
- HOA
- $137/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22113885
- Listed
- Jul 23, 2026
- Days on market
- 102
- Listing agent
- Sean Sedique · Premier Agent Network
8776639366 · seansedique@gmail.com - Price history
- First asked $700,000 · previously $700,000 cut $50,001
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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.