Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
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0score
$795,000
MLS
Street view1836 W Main St
Carmel IN 46032 · Single Family · built 1959
3 bd1 ba1,225 sqft$649/sqft vs ZIP $233 +179%
0.46 lender DSCR (est.)
Rent covers the estimated payment 0.46× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,235/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.
The underwriting
The numbers (estimates, illustrative)
$795,000List price
$2,235Rent estimate / mo
0.46Lender DSCR (est.)
$4,586Taxes / yr · county assessor
$233ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,235 |
| − Mortgage (P&I) | −$4,169 |
| − Taxes | −$382 |
| − Insurance | −$331 |
| = Cash flow before vacancy & repairs | $-2,647 |
The numbers
- Price
- $795,000
- $ / sq ft
- $649 ZIP median $233
- Rent estimate
- $2,235/mo HUD fair-market rent
- Property taxes
- $4,586/yr 2% cap on assessed value $229,300
- PITIA (assumed)
- $4,882/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.46 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 1
- Living area
- 1,225 sq ft
- Lot
- 37,026 sq ft
- Year built
- 1959
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22073603
- Listed
- Nov 16, 2025
- Days on market
- 323
- Listing agent
- Gary Swift · Compass of Indiana, LLC
3178445111 · gary@garyswiftgroup.com - Price history
- First asked $795,000
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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.