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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28score
↓ $5,500
$399,500
MLS
Street view15188 Destination Dr
Noblesville IN 46060 · Single Family · built 2012
3 bd3 ba3,148 sqft$127/sqft vs ZIP $184 −31%
0.60 lender DSCR (est.)
Rent covers the estimated payment 0.60× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,735/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.
31% under ZIP $/sqftprice cut 1%
The underwriting
The numbers (estimates, illustrative)
$399,500List price
$1,735Rent estimate / mo
0.60Lender DSCR (est.)
$7,532Taxes / yr · county assessor
$184ZIP median $ / sqft
28/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,735 |
| − Mortgage (P&I) | −$2,095 |
| − Taxes | −$628 |
| − Insurance | −$166 |
| − HOA | −$25 |
| = Cash flow before vacancy & repairs | $-1,179 |
The numbers
- Price
- $399,500
- $ / sq ft
- $127 ZIP median $184
- Rent estimate
- $1,735/mo HUD fair-market rent
- Property taxes
- $7,532/yr 2% cap on assessed value $376,600
- PITIA (assumed)
- $2,914/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $25/mo
- Lender DSCR (est.)
- 0.60 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 28/100 31% under ZIP $/sqft · price cut 1%
The property
- Beds / baths
- 3 / 3
- Living area
- 3,148 sq ft
- Lot
- 5,227 sq ft
- Year built
- 2012
- Property type
- Single Family
- HOA
- $25/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22117392
- Listed
- Jul 31, 2026
- Days on market
- 66
- Listing agent
- Jeff Watkins · Watkins Realty Services
3178447100 · jwatkins@esallc.com - Price history
- First asked $405,000 · previously $405,000 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.