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
10score
↓ $25,000
$474,000
MLS
Street view2109 E 99th St
Carmel IN 46280 · Single Family · built 1929
2 bd1 ba816 sqft$581/sqft vs ZIP $237 +145%
0.59 lender DSCR (est.)
Rent covers the estimated payment 0.59× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,759/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.
price cut 5%
The underwriting
The numbers (estimates, illustrative)
$474,000List price
$1,759Rent estimate / mo
0.59Lender DSCR (est.)
$3,424Taxes / yr · county assessor
$237ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,759 |
| − Mortgage (P&I) | −$2,486 |
| − Taxes | −$285 |
| − Insurance | −$198 |
| = Cash flow before vacancy & repairs | $-1,210 |
The numbers
- Price
- $474,000
- $ / sq ft
- $581 ZIP median $237
- Rent estimate
- $1,759/mo HUD fair-market rent
- Property taxes
- $3,424/yr 2% cap on assessed value $171,200
- PITIA (assumed)
- $2,969/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.59 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 5%
The property
- Beds / baths
- 2 / 1
- Living area
- 816 sq ft
- Lot
- 50,094 sq ft
- Year built
- 1929
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22109699
- Listed
- Jun 23, 2026
- Days on market
- 104
- Listing agent
- Curtis Lee Whitesell · Wkrp Indy Real Estate
3176982700 · 1201mainstreet@sbcglobal.net - Price history
- First asked $499,000 · previously $499,000 cut $25,000
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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.