Last confirmed active 17 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
2score
New Construction
$359,990
MLS
Street view18505 Depoe Ln
Westfield IN 46074 · Single Family · built 2026
3 bd2 ba1,764 sqft$204/sqft vs ZIP $210 −3%
0.86 lender DSCR (est.)
Rent covers the estimated payment 0.86× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,219/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)
$359,990List price
$2,219Rent estimate / mo
0.86Lender DSCR (est.)
$4,320Taxes / yr · assumed 1.2%
$210ZIP median $ / sqft
2/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,219 |
| − Mortgage (P&I) | −$1,888 |
| − Taxes | −$360 |
| − Insurance | −$150 |
| − HOA | −$185 |
| = Cash flow before vacancy & repairs | $-364 |
The numbers
- Price
- $359,990
- $ / sq ft
- $204 ZIP median $210
- Rent estimate
- $2,219/mo HUD fair-market rent
- Property taxes
- $4,320/yr assumed 1.2% of price
- PITIA (assumed)
- $2,583/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $185/mo
- Lender DSCR (est.)
- 0.86 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 2/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,764 sq ft
- Lot
- 6,534 sq ft
- Year built
- 2026
- Property type
- Single Family
- HOA
- $185/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22108748
- Listed
- Jun 19, 2026
- Days on market
- 108
- Listing agent
- Erika Frantz · Berkshire Hathaway HomeServices Indiana Realty
3175578979 · efrantz@realestatelinks.com - Price history
- First asked $359,990 · previously $349,990
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.