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
1 / 6
0score
New Construction
$810,409
MLS
Street view16533 Iron Tree Ct
Westfield IN 46074 · Single Family · built 2026
3 bd2.5 ba2,421 sqft$335/sqft vs ZIP $210 +59%
0.40 lender DSCR (est.)
Rent covers the estimated payment 0.40× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,219/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)
$810,409List price
$2,219Rent estimate / mo
0.40Lender DSCR (est.)
$9,725Taxes / yr · assumed 1.2%
$210ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,219 |
| − Mortgage (P&I) | −$4,250 |
| − Taxes | −$810 |
| − Insurance | −$338 |
| − HOA | −$117 |
| = Cash flow before vacancy & repairs | $-3,296 |
The numbers
- Price
- $810,409
- $ / sq ft
- $335 ZIP median $210
- Rent estimate
- $2,219/mo HUD fair-market rent
- Property taxes
- $9,725/yr assumed 1.2% of price
- PITIA (assumed)
- $5,515/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $117/mo
- Lender DSCR (est.)
- 0.40 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,421 sq ft
- Lot
- 5,227 sq ft
- Year built
- 2026
- Property type
- Single Family
- HOA
- $117/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22094881
- Listed
- May 4, 2026
- Days on market
- 154
- Listing agent
- Stacey Willis · Stacey Willis
3174313154 · stacey@homeswithsteill.com - Price history
- First asked $810,409
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.