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0score
New Construction
$7,500,000
MLS
Street view1637 Chatham Ridge Ct
Westfield IN 46074 · Single Family · built 2026
4 bd5.5 ba8,787 sqft$854/sqft vs ZIP $210 +306%
0.05 lender DSCR (est.)
Rent covers the estimated payment 0.05× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,724/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.
The underwriting
The numbers (estimates, illustrative)
$7,500,000List price
$2,724Rent estimate / mo
0.05Lender DSCR (est.)
$90,000Taxes / yr · assumed 1.2%
$210ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,724 |
| − Mortgage (P&I) | −$39,331 |
| − Taxes | −$7,500 |
| − Insurance | −$3,125 |
| − HOA | −$88 |
| = Cash flow before vacancy & repairs | $-47,320 |
The numbers
- Price
- $7,500,000
- $ / sq ft
- $854 ZIP median $210
- Rent estimate
- $2,724/mo HUD fair-market rent
- Property taxes
- $90,000/yr assumed 1.2% of price
- PITIA (assumed)
- $50,044/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $88/mo
- Lender DSCR (est.)
- 0.05 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 4 / 5.5
- Living area
- 8,787 sq ft
- Lot
- 51,836 sq ft
- Year built
- 2026
- Property type
- Single Family
- HOA
- $88/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- New Construction
- MLS #
- 22122943
- Listed
- Sep 11, 2026
- Days on market
- 24
- Listing agent
- Traci Garontakos · The Agency Indy
3176604444 · traci.garontakos@encoresir.com - Price history
- First asked $7,500,000
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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.