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16score
$440,000
MLS
Street view206 Westminster Dr
Noblesville IN 46060 · Single Family · built 1976
4 bd2.5 ba2,943 sqft$150/sqft vs ZIP $184 −19%
0.71 lender DSCR (est.)
Rent covers the estimated payment 0.71× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,130/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.
19% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$440,000List price
$2,130Rent estimate / mo
0.71Lender DSCR (est.)
$5,280Taxes / yr · assumed 1.2%
$184ZIP median $ / sqft
16/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,130 |
| − Mortgage (P&I) | −$2,307 |
| − Taxes | −$440 |
| − Insurance | −$183 |
| − HOA | −$63 |
| = Cash flow before vacancy & repairs | $-864 |
The numbers
- Price
- $440,000
- $ / sq ft
- $150 ZIP median $184
- Rent estimate
- $2,130/mo HUD fair-market rent
- Property taxes
- $5,280/yr assumed 1.2% of price
- PITIA (assumed)
- $2,994/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $63/mo
- Lender DSCR (est.)
- 0.71 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 16/100 19% under ZIP $/sqft
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,943 sq ft
- Lot
- 13,939 sq ft
- Year built
- 1976
- Property type
- Single Family
- HOA
- $63/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22113996
- Listed
- Aug 13, 2026
- Days on market
- 53
- Listing agent
- Sarah Callahan · CENTURY 21 Scheetz
3177052500 · scallahan@c21scheetz.com - Price history
- First asked $440,000
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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.