1 / 6
22score
$399,900
MLS
Street view18179 Nickel Plate Dr
Westfield IN 46074 · Single Family · built 2017
4 bd3 ba2,329 sqft$172/sqft vs ZIP $210 −18%
1.01 lender DSCR (est.)
Rent covers the estimated payment 1.01× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,724/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.
18% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$399,900List price
$2,724Rent estimate / mo
1.01Lender DSCR (est.)
$4,799Taxes / yr · assumed 1.2%
$210ZIP median $ / sqft
22/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,724 |
| − Mortgage (P&I) | −$2,097 |
| − Taxes | −$400 |
| − Insurance | −$167 |
| − HOA | −$45 |
| = Cash flow before vacancy & repairs | $15 |
The numbers
- Price
- $399,900
- $ / sq ft
- $172 ZIP median $210
- Rent estimate
- $2,724/mo HUD fair-market rent
- Property taxes
- $4,799/yr assumed 1.2% of price
- PITIA (assumed)
- $2,709/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $45/mo
- Lender DSCR (est.)
- 1.01 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 22/100 18% under ZIP $/sqft
The property
- Beds / baths
- 4 / 3
- Living area
- 2,329 sq ft
- Lot
- 7,405 sq ft
- Year built
- 2017
- Property type
- Single Family
- HOA
- $45/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22119738
- Listed
- Aug 20, 2026
- Days on market
- 46
- Listing agent
- Beckie Schroeder · F.C. Tucker Company - Carmel
3178467751 · bschroeder@talktotucker.com - Price history
- First asked $399,900
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.