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Street view of 15487 Heatherbank Dr
1 / 6
0score
↓ $1,000
$494,900
MLS Street view
Search photos

15487 Heatherbank Dr

Westfield IN 46074 · Single Family · built 2019
3 bd3 ba1,901 sqft$260/sqft vs ZIP $210 +24%
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. $2,219/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 0%
The underwriting

The numbers (estimates, illustrative)

$494,900List price
$2,219Rent estimate / mo
0.60Lender DSCR (est.)
$8,932Taxes / yr · county assessor
$210ZIP median $ / sqft
0/100Deal Score

Monthly picture (illustrative)

Rent est.$2,219
− Mortgage (P&I)−$2,595
− Taxes−$744
− Insurance−$206
− HOA−$137
= Cash flow before vacancy & repairs$-1,464

The numbers

Price
$494,900
$ / sq ft
$260 ZIP median $210
Rent estimate
$2,219/mo HUD fair-market rent
Property taxes
$8,932/yr 2% cap on assessed value $446,600
PITIA (assumed)
$3,683/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $137/mo
Lender DSCR (est.)
0.60 rent ÷ PITIA · lender floor 1.20
Deal Score
0/100 price cut 0%

The property

Beds / baths
3 / 3
Living area
1,901 sq ft
Lot
4,792 sq ft
Year built
2019
Property type
Single Family
HOA
$137/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22119386
Listed
Aug 11, 2026
Days on market
55
Listing agent
Aaron Starr · F.C. Tucker Company - Noblesville
3174391933 · aaron.starr@talktotucker.com
Price history
First asked $495,900 · previously $495,900 cut $1,000
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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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