Street view of 4176 E 116th St
1 / 6
5score
New
$1,000,000
MLS Street view
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4176 E 116th St

Carmel IN 46033 · Single Family · built 1955
4 bd3.5 ba3,092 sqft$323/sqft vs ZIP $201 +61%
0.42 lender DSCR (est.)
Rent covers the estimated payment 0.42× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,772/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.

new this week
The underwriting

The numbers (estimates, illustrative)

$1,000,000List price
$2,772Rent estimate / mo
0.42Lender DSCR (est.)
$12,000Taxes / yr · assumed 1.2%
$201ZIP median $ / sqft
5/100Deal Score

Monthly picture (illustrative)

Rent est.$2,772
− Mortgage (P&I)−$5,244
− Taxes−$1,000
− Insurance−$417
= Cash flow before vacancy & repairs$-3,889

The numbers

Price
$1,000,000
$ / sq ft
$323 ZIP median $201
Rent estimate
$2,772/mo HUD fair-market rent
Property taxes
$12,000/yr assumed 1.2% of price
PITIA (assumed)
$6,661/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.42 rent ÷ PITIA · lender floor 1.20
Deal Score
5/100 new this week

The property

Beds / baths
4 / 3.5
Living area
3,092 sq ft
Lot
85,813 sq ft
Year built
1955
Property type
Single Family
HOA
None on record
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22128701
Listed
Sep 29, 2026
Days on market
6
Listing agent
Landon Buesching · 1 Percent Lists Indiana Real Estate
2605736316 · landon.buesching@exprealty.com
Price history
First asked $1,000,000
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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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