1 / 6
10score
New
$369,900
MLS
Street view307 Sandbrook Dr
Noblesville IN 46062 · Condo · built 1989
4 bd2.5 ba2,193 sqft$169/sqft vs ZIP $180 −6%
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. $2,331/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.
new this week
The underwriting
The numbers (estimates, illustrative)
$369,900List price
$2,331Rent estimate / mo
0.82Lender DSCR (est.)
$4,439Taxes / yr · assumed 1.2%
$180ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,331 |
| − Mortgage (P&I) | −$1,940 |
| − Taxes | −$370 |
| − Insurance | −$154 |
| − HOA | −$385 |
| = Cash flow before vacancy & repairs | $-518 |
The numbers
- Price
- $369,900
- $ / sq ft
- $169 ZIP median $180
- Rent estimate
- $2,331/mo HUD fair-market rent
- Property taxes
- $4,439/yr assumed 1.2% of price
- PITIA (assumed)
- $2,849/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $385/mo
- Lender DSCR (est.)
- 0.82 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 new this week
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,193 sq ft
- Lot
- 9,148 sq ft
- Year built
- 1989
- Property type
- Condo
- HOA
- $385/mo
- Flood zone
- X
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22133284
- Listed
- Oct 27, 2026
- Days on market
- 7
- Listing agent
- Newkirk Realty
3175781141 · rob@newkirkrealty.net - Price history
- First asked $369,900
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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.