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
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70score
$120,000
MLS
Street view204 Tippecanoe Dr
Noblesville IN 46062 · Single Family · built 1950
3 bd1 ba1,023 sqft$117/sqft vs ZIP $185 −37%
2.09 lender DSCR (est.)
Rent covers the estimated payment 2.09× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,680/mo (hud:safmr:capped) ÷ 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.
DSCR 2.0936% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$120,000List price
$1,680Rent estimate / mo
2.09Lender DSCR (est.)
$1,494Taxes / yr · county assessor
$185ZIP median $ / sqft
70/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,680 |
| − Mortgage (P&I) | −$629 |
| − Taxes | −$125 |
| − Insurance | −$50 |
| = Cash flow before vacancy & repairs | $876 |
The numbers
- Price
- $120,000
- $ / sq ft
- $117 ZIP median $185
- Rent estimate
- $1,680/mo hud:safmr:capped
- Property taxes
- $1,494/yr 2% cap on assessed value $74,700
- PITIA (assumed)
- $804/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 2.09 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 70/100 DSCR 2.09 · 36% under ZIP $/sqft
The property
- Beds / baths
- 3 / 1
- Living area
- 1,023 sq ft
- Lot
- 4,792 sq ft
- Year built
- 1950
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22112528
- Listed
- Jul 10, 2026
- Days on market
- 87
- Listing agent
- Tyler Provence · Carpenter, Realtors, Noblesville
8006301727 · noblesville@callcarpenter.com - Price history
- First asked $120,000
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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.