Street view of 155 N 11th St
1 / 6
25score
$335,000
MLS Street view
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155 N 11th St

Noblesville IN 46060 · Multi-Family · built 1920
5 bd4 ba2,888 sqft$116/sqft vs ZIP $183 −37%
0.90 lender DSCR (est.)
Rent covers the estimated payment 0.90× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,070/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.

37% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$335,000List price
$2,070Rent estimate / mo
0.90Lender DSCR (est.)
$4,892Taxes / yr · county assessor
$183ZIP median $ / sqft
25/100Deal Score

Monthly picture (illustrative)

Rent est.$2,070
− Mortgage (P&I)−$1,757
− Taxes−$408
− Insurance−$140
= Cash flow before vacancy & repairs$-234

The numbers

Price
$335,000
$ / sq ft
$116 ZIP median $183
Rent estimate
$2,070/mo HUD fair-market rent
Property taxes
$4,892/yr 2% cap on assessed value $244,600
PITIA (assumed)
$2,304/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.90 rent ÷ PITIA · lender floor 1.20
Deal Score
25/100 37% under ZIP $/sqft

The property

Beds / baths
5 / 4
Living area
2,888 sq ft
Lot
3,920 sq ft
Year built
1920
Property type
Multi-Family
HOA
None on record
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22125906
Listed
Sep 17, 2026
Days on market
46
Listing agent
Robbin Edwards · Encore Sotheby's International Realty
3176604444 · robbin.edwards@encoresir.com
Price history
First asked $335,000
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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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