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9score
$439,000
MLS
Street view2618 Congress St
Carmel IN 46032 · Townhouse · built 2011
3 bd3.5 ba2,108 sqft$208/sqft vs ZIP $233 −11%
0.63 lender DSCR (est.)
Rent covers the estimated payment 0.63× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,188/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.
10% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$439,000List price
$2,188Rent estimate / mo
0.63Lender DSCR (est.)
$5,268Taxes / yr · assumed 1.2%
$233ZIP median $ / sqft
9/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,188 |
| − Mortgage (P&I) | −$2,302 |
| − Taxes | −$439 |
| − Insurance | −$183 |
| − HOA | −$561 |
| = Cash flow before vacancy & repairs | $-1,297 |
The numbers
- Price
- $439,000
- $ / sq ft
- $208 ZIP median $233
- Rent estimate
- $2,188/mo HUD fair-market rent
- Property taxes
- $5,268/yr assumed 1.2% of price
- PITIA (assumed)
- $3,485/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $561/mo
- Lender DSCR (est.)
- 0.63 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 9/100 10% under ZIP $/sqft
The property
- Beds / baths
- 3 / 3.5
- Living area
- 2,108 sq ft
- Lot
- 1,742 sq ft
- Year built
- 2011
- Property type
- Townhouse
- HOA
- $561/mo
- Flood zone
- X
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22119855
- Listed
- Oct 15, 2026
- Days on market
- 18
- Listing agent
- Matt Meyers · Encore Sotheby's International Realty
3176604444 · matt.meyers@encoresothebysrealty.com - Price history
- First asked $439,000
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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.