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
Street view of 21185 Bayhill Ct
1 / 6
20score
↓ $50,000
$899,900
MLS Street view
Search photos

21185 Bayhill Ct

Noblesville IN 46062 · Single Family · built 1993
4 bd4.5 ba5,567 sqft$162/sqft vs ZIP $185 −13%
0.38 lender DSCR (est.)
Rent covers the estimated payment 0.38× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,381/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.

12% under ZIP $/sqftprice cut 6%
The underwriting

The numbers (estimates, illustrative)

$899,900List price
$2,381Rent estimate / mo
0.38Lender DSCR (est.)
$13,328Taxes / yr · county assessor
$185ZIP median $ / sqft
20/100Deal Score

Monthly picture (illustrative)

Rent est.$2,381
− Mortgage (P&I)−$4,719
− Taxes−$1,111
− Insurance−$375
− HOA−$17
= Cash flow before vacancy & repairs$-3,841

The numbers

Price
$899,900
$ / sq ft
$162 ZIP median $185
Rent estimate
$2,381/mo HUD fair-market rent
Property taxes
$13,328/yr 2% cap on assessed value $666,400
PITIA (assumed)
$6,222/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $17/mo
Lender DSCR (est.)
0.38 rent ÷ PITIA · lender floor 1.20
Deal Score
20/100 12% under ZIP $/sqft · price cut 6%

The property

Beds / baths
4 / 4.5
Living area
5,567 sq ft
Lot
24,394 sq ft
Year built
1993
Property type
Single Family
HOA
$17/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22108222
Listed
Jul 8, 2026
Days on market
89
Listing agent
Matt Mclaughlin · F.C. Tucker Company
3178437766 · mmcl@talktotucker.com
Price history
First asked $949,900 · previously $949,900 cut $50,000
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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.

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