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30score
New
$695,000
MLS
Street view3798 Cole Ct
Carmel IN 46032 · Single Family · built 1998
4 bd2.5 ba4,262 sqft$163/sqft vs ZIP $233 −30%
0.59 lender DSCR (est.)
Rent covers the estimated payment 0.59× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,748/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 $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$695,000List price
$2,748Rent estimate / mo
0.59Lender DSCR (est.)
$8,340Taxes / yr · assumed 1.2%
$233ZIP median $ / sqft
30/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,748 |
| − Mortgage (P&I) | −$3,645 |
| − Taxes | −$695 |
| − Insurance | −$290 |
| − HOA | −$58 |
| = Cash flow before vacancy & repairs | $-1,939 |
The numbers
- Price
- $695,000
- $ / sq ft
- $163 ZIP median $233
- Rent estimate
- $2,748/mo HUD fair-market rent
- Property taxes
- $8,340/yr assumed 1.2% of price
- PITIA (assumed)
- $4,687/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $58/mo
- Lender DSCR (est.)
- 0.59 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 30/100 30% under ZIP $/sqft · new this week
The property
- Beds / baths
- 4 / 2.5
- Living area
- 4,262 sq ft
- Lot
- 17,424 sq ft
- Year built
- 1998
- Property type
- Single Family
- HOA
- $58/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22128643
- Listed
- Sep 30, 2026
- Days on market
- 5
- Listing agent
- Zachary Horowitz · AMR Real Estate LLC
3175066925 - Price history
- First asked $695,000
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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.