1 / 6
0score
$1,400,000
MLS
Street view15647 Westfield Blvd
Carmel IN 46033 · Single Family · built 1966
3 bd3 ba3,504 sqft$400/sqft vs ZIP $202 +98%
0.25 lender DSCR (est.)
Rent covers the estimated payment 0.25× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,212/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.
The underwriting
The numbers (estimates, illustrative)
$1,400,000List price
$2,212Rent estimate / mo
0.25Lender DSCR (est.)
$12,046Taxes / yr · county assessor
$202ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,212 |
| − Mortgage (P&I) | −$7,342 |
| − Taxes | −$1,004 |
| − Insurance | −$583 |
| = Cash flow before vacancy & repairs | $-6,717 |
The numbers
- Price
- $1,400,000
- $ / sq ft
- $400 ZIP median $202
- Rent estimate
- $2,212/mo HUD fair-market rent
- Property taxes
- $12,046/yr 2% cap on assessed value $602,300
- PITIA (assumed)
- $8,929/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.25 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 3
- Living area
- 3,504 sq ft
- Lot
- 304,920 sq ft
- Year built
- 1966
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22128608
- Listed
- Oct 21, 2026
- Days on market
- 13
- Listing agent
- Cara Burgett · Berkshire Hathaway HomeServices Indiana Realty
3093107076 · cara@shopphomes.com - Price history
- First asked $1,400,000
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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.