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 1628 Ballyganner Dr
1 / 6
25score
$470,000
MLS Street view
Search photos

1628 Ballyganner Dr

Avon IN 46123 · Single Family · built 2015
4 bd3.5 ba4,164 sqft$113/sqft vs ZIP $167 −32%
0.76 lender DSCR (est.)
Rent covers the estimated payment 0.76× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,429/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.

33% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$470,000List price
$2,429Rent estimate / mo
0.76Lender DSCR (est.)
$5,640Taxes / yr · assumed 1.2%
$167ZIP median $ / sqft
25/100Deal Score

Monthly picture (illustrative)

Rent est.$2,429
− Mortgage (P&I)−$2,465
− Taxes−$470
− Insurance−$196
− HOA−$46
= Cash flow before vacancy & repairs$-748

The numbers

Price
$470,000
$ / sq ft
$113 ZIP median $167
Rent estimate
$2,429/mo HUD fair-market rent
Property taxes
$5,640/yr assumed 1.2% of price
PITIA (assumed)
$3,177/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $46/mo
Lender DSCR (est.)
0.76 rent ÷ PITIA · lender floor 1.20
Deal Score
25/100 33% under ZIP $/sqft

The property

Beds / baths
4 / 3.5
Living area
4,164 sq ft
Lot
10,890 sq ft
Year built
2015
Property type
Single Family
HOA
$46/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22119946
Listed
Aug 18, 2026
Days on market
48
Listing agent
Min Kang · Coldwell Banker Real Estate Group - Muncie
2133264551 · realtorminkang@gmail.com
Price history
First asked $470,000
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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.

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