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Street view of 154 Tippecanoe Dr
1 / 6
45score
Flood zone
$59,950
MLS Street view
Search photos

154 Tippecanoe Dr

Noblesville IN 46062 · Manufactured · built 1986
3 bd2 ba1,100 sqft$55/sqft vs ZIP $185 −71%
2.26 lender DSCR (est.)
Rent covers the estimated payment 2.26× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $839/mo (hud:safmr:capped) ÷ 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.

DSCR 2.2670% under ZIP $/sqftverify conditionflood zone
The underwriting

The numbers (estimates, illustrative)

$59,950List price
$839Rent estimate / mo
2.26Lender DSCR (est.)
$384Taxes / yr · county assessor
$185ZIP median $ / sqft
45/100Deal Score

Monthly picture (illustrative)

Rent est.$839
− Mortgage (P&I)−$314
− Taxes−$32
− Insurance−$25
= Cash flow before vacancy & repairs$468

The numbers

Price
$59,950
$ / sq ft
$55 ZIP median $185
Rent estimate
$839/mo hud:safmr:capped
Property taxes
$384/yr 2% cap on assessed value $19,200
PITIA (assumed)
$371/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
2.26 rent ÷ PITIA · lender floor 1.20
Deal Score
45/100 DSCR 2.26 · 70% under ZIP $/sqft · verify condition · flood zone

The property

Beds / baths
3 / 2
Living area
1,100 sq ft
Lot
7,405 sq ft
Year built
1986
Property type
Manufactured
HOA
None on record
Flood zone
AE · special flood hazard area
Registered rental
No

The listing

Source
Standard
MLS #
22032389
Listed
Apr 13, 2025
Days on market
540
Listing agent
Chad Hughes · H & H Realty
3172235375 · chadlhughes@gmail.com
Price history
First asked $59,950
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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.

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