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7score
$267,500
MLS
Street view2203 Summerfield Dr
Plainfield IN 46168 · Single Family · built 2000
3 bd2 ba1,491 sqft$179/sqft vs ZIP $177 +1%
1.01 lender DSCR (est.)
Rent covers the estimated payment 1.01× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,837/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)
$267,500List price
$1,837Rent estimate / mo
1.01Lender DSCR (est.)
$3,210Taxes / yr · assumed 1.2%
$177ZIP median $ / sqft
7/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,837 |
| − Mortgage (P&I) | −$1,403 |
| − Taxes | −$268 |
| − Insurance | −$111 |
| − HOA | −$30 |
| = Cash flow before vacancy & repairs | $25 |
The numbers
- Price
- $267,500
- $ / sq ft
- $179 ZIP median $177
- Rent estimate
- $1,837/mo HUD fair-market rent
- Property taxes
- $3,210/yr assumed 1.2% of price
- PITIA (assumed)
- $1,812/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $30/mo
- Lender DSCR (est.)
- 1.01 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 7/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,491 sq ft
- Lot
- 6,098 sq ft
- Year built
- 2000
- Property type
- Single Family
- HOA
- $30/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22127443
- Listed
- Sep 22, 2026
- Days on market
- 13
- Listing agent
- Kristina Musielak · CENTURY 21 Scheetz
2196897576 · kristina@c21scheetz.com - Price history
- First asked $267,500
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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.