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23score
$519,900
MLS
Street view3545 Cardinal Way
Carmel IN 46074 · Single Family · built 2008
5 bd3 ba3,391 sqft$153/sqft vs ZIP $211 −27%
0.75 lender DSCR (est.)
Rent covers the estimated payment 0.75× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,647/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.
27% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$519,900List price
$2,647Rent estimate / mo
0.75Lender DSCR (est.)
$6,239Taxes / yr · assumed 1.2%
$211ZIP median $ / sqft
23/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,647 |
| − Mortgage (P&I) | −$2,726 |
| − Taxes | −$520 |
| − Insurance | −$217 |
| − HOA | −$71 |
| = Cash flow before vacancy & repairs | $-887 |
The numbers
- Price
- $519,900
- $ / sq ft
- $153 ZIP median $211
- Rent estimate
- $2,647/mo HUD fair-market rent
- Property taxes
- $6,239/yr assumed 1.2% of price
- PITIA (assumed)
- $3,534/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $71/mo
- Lender DSCR (est.)
- 0.75 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 23/100 27% under ZIP $/sqft
The property
- Beds / baths
- 5 / 3
- Living area
- 3,391 sq ft
- Lot
- 5,227 sq ft
- Year built
- 2008
- Property type
- Single Family
- HOA
- $71/mo
- Flood zone
- X
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22130046
- Listed
- Oct 7, 2026
- Days on market
- 26
- Listing agent
- Dean Glascock · F.C. Tucker Company
3178444200 · dean.glascock@talktotucker.com - Price history
- First asked $519,900
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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.