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13score
NewNew Construction
$509,900
Triad
Street view16091 Showdown Rd
Noblesville IN 46060 · Single Family · built 2026
4 bd2.5 ba3,064 sqft$166/sqft vs ZIP $184 −10%
0.59 lender DSCR (est.)
Rent covers the estimated payment 0.59× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,130/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
10% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$509,900List price
$2,130Rent estimate / mo
0.59Lender DSCR (est.)
$6,119Taxes / yr · assumed 1.2%
$184ZIP median $ / sqft
13/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,130 |
| − Mortgage (P&I) | −$2,674 |
| − Taxes | −$510 |
| − Insurance | −$212 |
| − HOA | −$195 |
| = Cash flow before vacancy & repairs | $-1,461 |
The numbers
- Price
- $509,900
- $ / sq ft
- $166 ZIP median $184
- Rent estimate
- $2,130/mo HUD fair-market rent
- Property taxes
- $6,119/yr assumed 1.2% of price
- PITIA (assumed)
- $3,591/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $195/mo
- Lender DSCR (est.)
- 0.59 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 13/100 10% under ZIP $/sqft · new this week
The property
- Beds / baths
- 4 / 2.5
- Living area
- 3,064 sq ft
- Lot
- 10,890 sq ft
- Year built
- 2026
- Property type
- Single Family
- HOA
- $195/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- New Construction
- MLS #
- —
- Listed
- Oct 3, 2026
- Days on market
- 2
- Listing agent
- Not on the feed — use the official listing link
- Price history
- First asked $509,900
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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.