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
Street view of 16144 Showdown Rd
1 / 6
11score
New↓ $30,690New Construction
$549,900
Triad Street view
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16144 Showdown Rd

Noblesville IN 46060 · Single Family
5 bd3 ba3,021 sqft$182/sqft vs ZIP $184 −1%
0.58 lender DSCR (est.)
Rent covers the estimated payment 0.58× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,114/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.

price cut 6%
The underwriting

The numbers (estimates, illustrative)

$549,900List price
$2,114Rent estimate / mo
0.58Lender DSCR (est.)
$6,599Taxes / yr · assumed 1.2%
$184ZIP median $ / sqft
11/100Deal Score

Monthly picture (illustrative)

Rent est.$2,114
− Mortgage (P&I)−$2,884
− Taxes−$550
− Insurance−$229
= Cash flow before vacancy & repairs$-1,549

The numbers

Price
$549,900
$ / sq ft
$182 ZIP median $184
Rent estimate
$2,114/mo HUD fair-market rent
Property taxes
$6,599/yr assumed 1.2% of price
PITIA (assumed)
$3,663/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.58 rent ÷ PITIA · lender floor 1.20
Deal Score
11/100 price cut 6%

The property

Beds / baths
5 / 3
Living area
3,021 sq ft
Lot
0.29 acres
Year built
—
Property type
Single Family
HOA
None on record
Flood zone
X
Registered rental
No

The listing

Source
New Construction
MLS #
—
Listed
Oct 2, 2026
Days on market
49 relisted — counted from when we first saw it
Listing agent
Not on the feed — use the official listing link
Price history
First asked $580,590 · previously $580,590 cut $30,690
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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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