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 230 Elmsborough Bnd
1 / 6
10score
↓ $49,900
$1,025,000
MLS Street view
Search photos

230 Elmsborough Bnd

Westfield IN 46074 · Single Family · built 2022
4 bd3.5 ba3,345 sqft$306/sqft vs ZIP $210 +46%
0.39 lender DSCR (est.)
Rent covers the estimated payment 0.39× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,703/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.

price cut 5%
The underwriting

The numbers (estimates, illustrative)

$1,025,000List price
$2,703Rent estimate / mo
0.39Lender DSCR (est.)
$12,300Taxes / yr · assumed 1.2%
$210ZIP median $ / sqft
10/100Deal Score

Monthly picture (illustrative)

Rent est.$2,703
− Mortgage (P&I)−$5,375
− Taxes−$1,025
− Insurance−$427
− HOA−$92
= Cash flow before vacancy & repairs$-4,216

The numbers

Price
$1,025,000
$ / sq ft
$306 ZIP median $210
Rent estimate
$2,703/mo HUD fair-market rent
Property taxes
$12,300/yr assumed 1.2% of price
PITIA (assumed)
$6,919/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $92/mo
Lender DSCR (est.)
0.39 rent ÷ PITIA · lender floor 1.20
Deal Score
10/100 price cut 5%

The property

Beds / baths
4 / 3.5
Living area
3,345 sq ft
Lot
14,375 sq ft
Year built
2022
Property type
Single Family
HOA
$92/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22113569
Listed
Jul 23, 2026
Days on market
74
Listing agent
Glenn Davis · Berkshire Hathaway HomeServices Indiana Realty
3173392830 · gdavis@bhhsin.com
Price history
First asked $1,074,900 · previously $1,074,900 cut $49,900
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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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