Last confirmed active 17 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
24score
↓ $15,000
$325,000
MLS
Street view16038 Timpani Way
Noblesville IN 46060 · Single Family · built 2005
3 bd2.5 ba2,139 sqft$152/sqft vs ZIP $184 −17%
0.73 lender DSCR (est.)
Rent covers the estimated payment 0.73× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,735/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.
17% under ZIP $/sqftprice cut 5%
The underwriting
The numbers (estimates, illustrative)
$325,000List price
$1,735Rent estimate / mo
0.73Lender DSCR (est.)
$6,218Taxes / yr · county assessor
$184ZIP median $ / sqft
24/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,735 |
| − Mortgage (P&I) | −$1,704 |
| − Taxes | −$518 |
| − Insurance | −$135 |
| − HOA | −$33 |
| = Cash flow before vacancy & repairs | $-656 |
The numbers
- Price
- $325,000
- $ / sq ft
- $152 ZIP median $184
- Rent estimate
- $1,735/mo HUD fair-market rent
- Property taxes
- $6,218/yr 2% cap on assessed value $310,900
- PITIA (assumed)
- $2,391/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $33/mo
- Lender DSCR (est.)
- 0.73 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 24/100 17% under ZIP $/sqft · price cut 5%
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,139 sq ft
- Lot
- 8,712 sq ft
- Year built
- 2005
- Property type
- Single Family
- HOA
- $33/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22111990
- Listed
- Jul 9, 2026
- Days on market
- 88
- Listing agent
- Michelle Mcknight · Carpenter Realtors, South Meridian
3174400311 · southmeridian@callcarpenter.com - Price history
- First asked $340,000 · previously $340,000 cut $15,000
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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.