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
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8score
$495,000
MLS
Street view358 Bailey Cir
Carmel IN 46032 · Single Family · built 1990
4 bd2.5 ba2,350 sqft$211/sqft vs ZIP $233 −10%
0.78 lender DSCR (est.)
Rent covers the estimated payment 0.78× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,728/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.
9% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$495,000List price
$2,728Rent estimate / mo
0.78Lender DSCR (est.)
$8,044Taxes / yr · county assessor
$233ZIP median $ / sqft
8/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,728 |
| − Mortgage (P&I) | −$2,596 |
| − Taxes | −$670 |
| − Insurance | −$206 |
| − HOA | −$41 |
| = Cash flow before vacancy & repairs | $-785 |
The numbers
- Price
- $495,000
- $ / sq ft
- $211 ZIP median $233
- Rent estimate
- $2,728/mo HUD fair-market rent
- Property taxes
- $8,044/yr 2% cap on assessed value $402,200
- PITIA (assumed)
- $3,513/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $41/mo
- Lender DSCR (est.)
- 0.78 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 8/100 9% under ZIP $/sqft
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,350 sq ft
- Lot
- 16,553 sq ft
- Year built
- 1990
- Property type
- Single Family
- HOA
- $41/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22105270
- Listed
- Aug 26, 2026
- Days on market
- 40
- Listing agent
- Nancy Whitfield · F.C. Tucker Company - Carmel
3177522227 · nancyw@talktotucker.com - Price history
- First asked $495,000
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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.