1 / 6
0score
$1,899,999
MLS
Street view16740 Glen Way
Westfield IN 46062 · Single Family · built 2015
5 bd5 ba6,617 sqft$287/sqft vs ZIP $185 +55%
0.19 lender DSCR (est.)
Rent covers the estimated payment 0.19× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,398/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)
$1,899,999List price
$2,398Rent estimate / mo
0.19Lender DSCR (est.)
$22,800Taxes / yr · assumed 1.2%
$185ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,398 |
| − Mortgage (P&I) | −$9,964 |
| − Taxes | −$1,900 |
| − Insurance | −$792 |
| − HOA | −$117 |
| = Cash flow before vacancy & repairs | $-10,374 |
The numbers
- Price
- $1,899,999
- $ / sq ft
- $287 ZIP median $185
- Rent estimate
- $2,398/mo HUD fair-market rent
- Property taxes
- $22,800/yr assumed 1.2% of price
- PITIA (assumed)
- $12,772/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $117/mo
- Lender DSCR (est.)
- 0.19 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 5 / 5
- Living area
- 6,617 sq ft
- Lot
- 23,958 sq ft
- Year built
- 2015
- Property type
- Single Family
- HOA
- $117/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22124267
- Listed
- Sep 11, 2026
- Days on market
- 24
- Listing agent
- Gregory Decristofaro · United Real Estate Indpls
4013238700 · soldbygreg@gmail.com - Price history
- First asked $1,899,999
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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.