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10score
$495,000
MLS
Street view18534 Grimmenstein Dr
Westfield IN 46062 · Single Family · built 2020
4 bd2.5 ba3,044 sqft$163/sqft vs ZIP $185 −12%
0.72 lender DSCR (est.)
Rent covers the estimated payment 0.72× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,398/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.
12% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$495,000List price
$2,398Rent estimate / mo
0.72Lender DSCR (est.)
$5,940Taxes / yr · assumed 1.2%
$185ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,398 |
| − Mortgage (P&I) | −$2,596 |
| − Taxes | −$495 |
| − Insurance | −$206 |
| − HOA | −$43 |
| = Cash flow before vacancy & repairs | $-942 |
The numbers
- Price
- $495,000
- $ / sq ft
- $163 ZIP median $185
- Rent estimate
- $2,398/mo HUD fair-market rent
- Property taxes
- $5,940/yr assumed 1.2% of price
- PITIA (assumed)
- $3,340/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $43/mo
- Lender DSCR (est.)
- 0.72 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 12% under ZIP $/sqft
The property
- Beds / baths
- 4 / 2.5
- Living area
- 3,044 sq ft
- Lot
- 10,454 sq ft
- Year built
- 2020
- Property type
- Single Family
- HOA
- $43/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22120937
- Listed
- Aug 22, 2026
- Days on market
- 44
- Listing agent
- Valerie Welty · Keller Williams Indy Metro Ne
3175746628 · d.moore@remax.net - Price history
- First asked $495,000
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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.