Street view of 16615 Brownstone Ct
1 / 6
6score
$324,900
MLS Street view
Search photos

16615 Brownstone Ct

Westfield IN 46074 · Condo · built 2003
2 bd2 ba1,670 sqft$195/sqft vs ZIP $210 −7%
0.67 lender DSCR (est.)
Rent covers the estimated payment 0.67× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,724/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)

$324,900List price
$1,724Rent estimate / mo
0.67Lender DSCR (est.)
$3,899Taxes / yr · assumed 1.2%
$210ZIP median $ / sqft
6/100Deal Score

Monthly picture (illustrative)

Rent est.$1,724
− Mortgage (P&I)−$1,704
− Taxes−$325
− Insurance−$135
− HOA−$400
= Cash flow before vacancy & repairs$-840

The numbers

Price
$324,900
$ / sq ft
$195 ZIP median $210
Rent estimate
$1,724/mo HUD fair-market rent
Property taxes
$3,899/yr assumed 1.2% of price
PITIA (assumed)
$2,564/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $400/mo
Lender DSCR (est.)
0.67 rent ÷ PITIA · lender floor 1.20
Deal Score
6/100

The property

Beds / baths
2 / 2
Living area
1,670 sq ft
Lot
—
Year built
2003
Property type
Condo
HOA
$400/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22122382
Listed
Sep 9, 2026
Days on market
26
Listing agent
Lisa Mccoy · CENTURY 21 Scheetz
3177052500 · lmccoy@c21scheetz.com
Price history
First asked $324,900
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.

AnalyzeAsk Triad