Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
Street view of 16035 Talmon Dr
1 / 6
13score
↓ $4,950
$439,950
MLS Street view
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16035 Talmon Dr

Westfield IN 46074 · Townhouse · built 2018
3 bd2.5 ba2,411 sqft$182/sqft vs ZIP $210 −13%
0.64 lender DSCR (est.)
Rent covers the estimated payment 0.64× · 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.

13% under ZIP $/sqftprice cut 1%
The underwriting

The numbers (estimates, illustrative)

$439,950List price
$2,219Rent estimate / mo
0.64Lender DSCR (est.)
$8,240Taxes / yr · county assessor
$210ZIP median $ / sqft
13/100Deal Score

Monthly picture (illustrative)

Rent est.$2,219
− Mortgage (P&I)−$2,307
− Taxes−$687
− Insurance−$183
− HOA−$270
= Cash flow before vacancy & repairs$-1,228

The numbers

Price
$439,950
$ / sq ft
$182 ZIP median $210
Rent estimate
$2,219/mo HUD fair-market rent
Property taxes
$8,240/yr 2% cap on assessed value $412,000
PITIA (assumed)
$3,447/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $270/mo
Lender DSCR (est.)
0.64 rent ÷ PITIA · lender floor 1.20
Deal Score
13/100 13% under ZIP $/sqft · price cut 1%

The property

Beds / baths
3 / 2.5
Living area
2,411 sq ft
Lot
3,485 sq ft
Year built
2018
Property type
Townhouse
HOA
$270/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22122200
Listed
Aug 26, 2026
Days on market
40
Listing agent
Russell K Walker · Slate Realty, Llc
3179656106 · russ@slatesells.com
Price history
First asked $444,900 · previously $444,900 cut $4,950
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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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