Last confirmed active 17 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
Street view of 354 Hunters Ln
1 / 6
29score
↓ $5,000
$270,000
MLS Street view
Search photos

354 Hunters Ln

Carmel IN 46032 · Condo · built 1974
2 bd2 ba1,664 sqft$162/sqft vs ZIP $233 −30%
0.78 lender DSCR (est.)
Rent covers the estimated payment 0.78× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,727/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.

30% under ZIP $/sqftprice cut 2%
The underwriting

The numbers (estimates, illustrative)

$270,000List price
$1,727Rent estimate / mo
0.78Lender DSCR (est.)
$3,240Taxes / yr · assumed 1.2%
$233ZIP median $ / sqft
29/100Deal Score

Monthly picture (illustrative)

Rent est.$1,727
− Mortgage (P&I)−$1,416
− Taxes−$270
− Insurance−$113
− HOA−$421
= Cash flow before vacancy & repairs$-492

The numbers

Price
$270,000
$ / sq ft
$162 ZIP median $233
Rent estimate
$1,727/mo HUD fair-market rent
Property taxes
$3,240/yr assumed 1.2% of price
PITIA (assumed)
$2,219/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $421/mo
Lender DSCR (est.)
0.78 rent ÷ PITIA · lender floor 1.20
Deal Score
29/100 30% under ZIP $/sqft · price cut 2%

The property

Beds / baths
2 / 2
Living area
1,664 sq ft
Lot
3,485 sq ft
Year built
1974
Property type
Condo
HOA
$421/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22101826
Listed
May 22, 2026
Days on market
136
Listing agent
Kristopher Elliott · Booker Realty
3179022293 · kelliott@c21scheetz.com
Price history
First asked $275,000 · previously $275,000 cut $5,000
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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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