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17score
$225,000
MLS
Street view340 Lakewood Ct
Avon IN 46123 · Condo · built 2002
2 bd2 ba1,625 sqft$138/sqft vs ZIP $174 −20%
0.88 lender DSCR (est.)
Rent covers the estimated payment 0.88× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,509/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)
$225,000List price
$1,509Rent estimate / mo
0.88Lender DSCR (est.)
$2,700Taxes / yr · assumed 1.2%
$174ZIP median $ / sqft
17/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,509 |
| − Mortgage (P&I) | −$1,180 |
| − Taxes | −$225 |
| − Insurance | −$94 |
| − HOA | −$210 |
| = Cash flow before vacancy & repairs | $-200 |
The numbers
- Price
- $225,000
- $ / sq ft
- $138 ZIP median $174
- Rent estimate
- $1,509/mo HUD fair-market rent
- Property taxes
- $2,700/yr assumed 1.2% of price
- PITIA (assumed)
- $1,709/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $210/mo
- Lender DSCR (est.)
- 0.88 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 17/100 20% under ZIP $/sqft
The property
- Beds / baths
- 2 / 2
- Living area
- 1,625 sq ft
- Lot
- 6,970 sq ft
- Year built
- 2002
- Property type
- Condo
- HOA
- $210/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22119569
- Listed
- Oct 19, 2026
- Days on market
- 15
- Listing agent
- Deanna Murphy · Exp Realty, LLC
3174146890 · deanna@murphygrouprealtors.com - Price history
- First asked $225,000
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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.