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
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3score
↓ $5,000
$339,900
MLS
Street view2204 Walnut Way
Noblesville IN 46062 · Single Family · built 1974
3 bd2 ba1,614 sqft$211/sqft vs ZIP $185 +14%
0.82 lender DSCR (est.)
Rent covers the estimated payment 0.82× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,953/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 1%
The underwriting
The numbers (estimates, illustrative)
$339,900List price
$1,953Rent estimate / mo
0.82Lender DSCR (est.)
$4,882Taxes / yr · county assessor
$185ZIP median $ / sqft
3/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,953 |
| − Mortgage (P&I) | −$1,782 |
| − Taxes | −$407 |
| − Insurance | −$142 |
| − HOA | −$42 |
| = Cash flow before vacancy & repairs | $-420 |
The numbers
- Price
- $339,900
- $ / sq ft
- $211 ZIP median $185
- Rent estimate
- $1,953/mo HUD fair-market rent
- Property taxes
- $4,882/yr 2% cap on assessed value $244,100
- PITIA (assumed)
- $2,373/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $42/mo
- Lender DSCR (est.)
- 0.82 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 3/100 price cut 1%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,614 sq ft
- Lot
- 10,454 sq ft
- Year built
- 1974
- Property type
- Single Family
- HOA
- $42/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22108359
- Listed
- Jun 16, 2026
- Days on market
- 111
- Listing agent
- Liz Ewbank · Highgarden Real Estate
3172587019 · lewbank@highgarden.com - Price history
- First asked $344,900 · previously $344,900 cut $5,000
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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.