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0score
$199,990
MLS
Street view2121 Grenville St
Carmel IN 46032 · Condo · built 2002
1 bd1 ba766 sqft$261/sqft vs ZIP $233 +12%
0.88 lender DSCR (est.)
Rent covers the estimated payment 0.88× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,469/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.
The underwriting
The numbers (estimates, illustrative)
$199,990List price
$1,469Rent estimate / mo
0.88Lender DSCR (est.)
$2,400Taxes / yr · assumed 1.2%
$233ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,469 |
| − Mortgage (P&I) | −$1,049 |
| − Taxes | −$200 |
| − Insurance | −$83 |
| − HOA | −$345 |
| = Cash flow before vacancy & repairs | $-208 |
The numbers
- Price
- $199,990
- $ / sq ft
- $261 ZIP median $233
- Rent estimate
- $1,469/mo HUD fair-market rent
- Property taxes
- $2,400/yr assumed 1.2% of price
- PITIA (assumed)
- $1,677/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $345/mo
- Lender DSCR (est.)
- 0.88 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 1 / 1
- Living area
- 766 sq ft
- Lot
- —
- Year built
- 2002
- Property type
- Condo
- HOA
- $345/mo
- Flood zone
- X
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22129128
- Listed
- Oct 8, 2026
- Days on market
- 25
- Listing agent
- Dawn Pollard · eXp Realty, LLC
3036694425 · dawn.pollard@exprealty.com - Price history
- First asked $199,990
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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.