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16score
$400,000
MLS
Street view17353 Northam Dr
Westfield IN 46074 · Condo · built 2018
3 bd3 ba2,334 sqft$171/sqft vs ZIP $211 −19%
0.74 lender DSCR (est.)
Rent covers the estimated payment 0.74× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,173/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.
19% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$400,000List price
$2,173Rent estimate / mo
0.74Lender DSCR (est.)
$4,800Taxes / yr · assumed 1.2%
$211ZIP median $ / sqft
16/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,173 |
| − Mortgage (P&I) | −$2,098 |
| − Taxes | −$400 |
| − Insurance | −$167 |
| − HOA | −$267 |
| = Cash flow before vacancy & repairs | $-758 |
The numbers
- Price
- $400,000
- $ / sq ft
- $171 ZIP median $211
- Rent estimate
- $2,173/mo HUD fair-market rent
- Property taxes
- $4,800/yr assumed 1.2% of price
- PITIA (assumed)
- $2,931/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $267/mo
- Lender DSCR (est.)
- 0.74 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 16/100 19% under ZIP $/sqft
The property
- Beds / baths
- 3 / 3
- Living area
- 2,334 sq ft
- Lot
- 6,970 sq ft
- Year built
- 2018
- Property type
- Condo
- HOA
- $267/mo
- Flood zone
- X
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22123292
- Listed
- Oct 12, 2026
- Days on market
- 21
- Listing agent
- Jane Wells - The Wells Team · F.C. Tucker Company - Carmel
3175094663 · jane@thewellsteam.com - Price history
- First asked $400,000
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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.