1 / 6
14score
NewNew Construction
$262,450
Triad
Street view3450 Riley St
Westfield IN 46074 · Single Family · built 2026
2 bd1.5 ba1,394 sqft$188/sqft vs ZIP $210 −10%
0.91 lender DSCR (est.)
Rent covers the estimated payment 0.91× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,724/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.
10% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$262,450List price
$1,724Rent estimate / mo
0.91Lender DSCR (est.)
$3,149Taxes / yr · assumed 1.2%
$210ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,724 |
| − Mortgage (P&I) | −$1,376 |
| − Taxes | −$262 |
| − Insurance | −$109 |
| − HOA | −$154 |
| = Cash flow before vacancy & repairs | $-178 |
The numbers
- Price
- $262,450
- $ / sq ft
- $188 ZIP median $210
- Rent estimate
- $1,724/mo HUD fair-market rent
- Property taxes
- $3,149/yr assumed 1.2% of price
- PITIA (assumed)
- $1,902/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $154/mo
- Lender DSCR (est.)
- 0.91 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100 10% under ZIP $/sqft · new this week
The property
- Beds / baths
- 2 / 1.5
- Living area
- 1,394 sq ft
- Lot
- 2,178 sq ft
- Year built
- 2026
- Property type
- Single Family
- HOA
- $154/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- New Construction
- MLS #
- —
- Listed
- Oct 1, 2026
- Days on market
- 4
- Listing agent
- Not on the feed — use the official listing link
- Price history
- First asked $262,450
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.