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1score
↓ $2,000New Construction
$575,000
MLS
Street view17331 Newton Main St
Westfield IN 46074 · Single Family · built 2025
4 bd3 ba1,956 sqft$294/sqft vs ZIP $210 +40%
0.69 lender DSCR (est.)
Rent covers the estimated payment 0.69× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,703/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.
price cut 0%
The underwriting
The numbers (estimates, illustrative)
$575,000List price
$2,703Rent estimate / mo
0.69Lender DSCR (est.)
$6,900Taxes / yr · assumed 1.2%
$210ZIP median $ / sqft
1/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,703 |
| − Mortgage (P&I) | −$3,015 |
| − Taxes | −$575 |
| − Insurance | −$240 |
| − HOA | −$103 |
| = Cash flow before vacancy & repairs | $-1,230 |
The numbers
- Price
- $575,000
- $ / sq ft
- $294 ZIP median $210
- Rent estimate
- $2,703/mo HUD fair-market rent
- Property taxes
- $6,900/yr assumed 1.2% of price
- PITIA (assumed)
- $3,933/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $103/mo
- Lender DSCR (est.)
- 0.69 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 1/100 price cut 0%
The property
- Beds / baths
- 4 / 3
- Living area
- 1,956 sq ft
- Lot
- 3,920 sq ft
- Year built
- 2025
- Property type
- Single Family
- HOA
- $103/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22075005
- Listed
- Nov 26, 2025
- Days on market
- 313
- Listing agent
- Justin Steill · Berkshire Hathaway HomeServices Indiana Realty
3175385705 · justin@homeswithsteill.com - Price history
- First asked $577,000 · previously $577,000 cut $2,000
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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.