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17score
$348,000
MLS
Street view2899 Armaugh Dr
Brownsburg IN 46112 · Single Family · built 2008
3 bd2.5 ba2,417 sqft$144/sqft vs ZIP $180 −20%
0.82 lender DSCR (est.)
Rent covers the estimated payment 0.82× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,943/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.
20% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$348,000List price
$1,943Rent estimate / mo
0.82Lender DSCR (est.)
$4,176Taxes / yr · assumed 1.2%
$180ZIP median $ / sqft
17/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,943 |
| − Mortgage (P&I) | −$1,825 |
| − Taxes | −$348 |
| − Insurance | −$145 |
| − HOA | −$53 |
| = Cash flow before vacancy & repairs | $-428 |
The numbers
- Price
- $348,000
- $ / sq ft
- $144 ZIP median $180
- Rent estimate
- $1,943/mo HUD fair-market rent
- Property taxes
- $4,176/yr assumed 1.2% of price
- PITIA (assumed)
- $2,371/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $53/mo
- Lender DSCR (est.)
- 0.82 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 17/100 20% under ZIP $/sqft
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,417 sq ft
- Lot
- 9,583 sq ft
- Year built
- 2008
- Property type
- Single Family
- HOA
- $53/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22123213
- Listed
- Sep 9, 2026
- Days on market
- 26
- Listing agent
- Shelby K Farrar · Opendoor Brokerage, LLC.
4804625392 · homes@opendoor.com - Price history
- First asked $348,000
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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.