1 / 6
0score
$1,949,900
MLS
Street view2951 E 216th St
Westfield IN 46034 · Single Family · built 2013
4 bd4 ba6,057 sqft$322/sqft
0.14 lender DSCR (est.)
Rent covers the estimated payment 0.14× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,813/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.
The underwriting
The numbers (estimates, illustrative)
$1,949,900List price
$1,813Rent estimate / mo
0.14Lender DSCR (est.)
$23,399Taxes / yr · assumed 1.2%
—ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,813 |
| − Mortgage (P&I) | −$10,225 |
| − Taxes | −$1,950 |
| − Insurance | −$812 |
| = Cash flow before vacancy & repairs | $-11,175 |
The numbers
- Price
- $1,949,900
- $ / sq ft
- $322
- Rent estimate
- $1,813/mo HUD fair-market rent
- Property taxes
- $23,399/yr assumed 1.2% of price
- PITIA (assumed)
- $12,988/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.14 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 4 / 4
- Living area
- 6,057 sq ft
- Lot
- 130,680 sq ft
- Year built
- 2013
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22123340
- Listed
- Sep 3, 2026
- Days on market
- 32
- Listing agent
- Scott Hackman · CENTURY 21 Scheetz
3177052500 · shackman@c21scheetz.com - Price history
- First asked $1,949,900
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.