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Street view of 3421 Garnet Dr
1 / 6
8score
↓ $2,000New Construction
$402,900
MLS Street view
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3421 Garnet Dr

Plainfield IN 46168 · Single Family · built 2026
4 bd2.5 ba2,480 sqft$162/sqft vs ZIP $177 −8%
0.79 lender DSCR (est.)
Rent covers the estimated payment 0.79× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,219/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.

8% under ZIP $/sqftprice cut 0%
The underwriting

The numbers (estimates, illustrative)

$402,900List price
$2,219Rent estimate / mo
0.79Lender DSCR (est.)
$4,835Taxes / yr · assumed 1.2%
$177ZIP median $ / sqft
8/100Deal Score

Monthly picture (illustrative)

Rent est.$2,219
− Mortgage (P&I)−$2,113
− Taxes−$403
− Insurance−$168
− HOA−$121
= Cash flow before vacancy & repairs$-586

The numbers

Price
$402,900
$ / sq ft
$162 ZIP median $177
Rent estimate
$2,219/mo HUD fair-market rent
Property taxes
$4,835/yr assumed 1.2% of price
PITIA (assumed)
$2,805/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $121/mo
Lender DSCR (est.)
0.79 rent ÷ PITIA · lender floor 1.20
Deal Score
8/100 8% under ZIP $/sqft · price cut 0%

The property

Beds / baths
4 / 2.5
Living area
2,480 sq ft
Lot
7,797 sq ft
Year built
2026
Property type
Single Family
HOA
$121/mo
Flood zone
—
Registered rental
—

The listing

Source
New Construction
MLS #
22110086
Listed
Jun 24, 2026
Days on market
103
Listing agent
Lisa Kleinke · Pulte Realty of Indiana, LLC
3175488924 · lisa.kleinke@pulte.com
Price history
First asked $404,900 · previously $404,900 cut $2,000
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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.

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