1 / 6
25score
New
$517,500
MLS
Street view242 Hawthorne Dr
Carmel IN 46033 · Single Family · built 1976
4 bd3 ba3,374 sqft$153/sqft vs ZIP $201 −24%
0.80 lender DSCR (est.)
Rent covers the estimated payment 0.80× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,772/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.
24% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$517,500List price
$2,772Rent estimate / mo
0.80Lender DSCR (est.)
$6,210Taxes / yr · assumed 1.2%
$201ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,772 |
| − Mortgage (P&I) | −$2,714 |
| − Taxes | −$518 |
| − Insurance | −$216 |
| = Cash flow before vacancy & repairs | $-675 |
The numbers
- Price
- $517,500
- $ / sq ft
- $153 ZIP median $201
- Rent estimate
- $2,772/mo HUD fair-market rent
- Property taxes
- $6,210/yr assumed 1.2% of price
- PITIA (assumed)
- $3,447/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.80 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 25/100 24% under ZIP $/sqft · new this week
The property
- Beds / baths
- 4 / 3
- Living area
- 3,374 sq ft
- Lot
- 15,682 sq ft
- Year built
- 1976
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22129361
- Listed
- Oct 2, 2026
- Days on market
- 2
- Listing agent
- Samantha Nelson · Compass of Indiana, LLC
3175662399 · nelsonsamm@gmail.com - Price history
- First asked $517,500
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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.