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1score
$305,900
MLS
Street view4201 Payne Dr
Plainfield IN 46168 · Condo · built 2019
3 bd2 ba1,760 sqft$174/sqft vs ZIP $175 −1%
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. $1,785/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.
The underwriting
The numbers (estimates, illustrative)
$305,900List price
$1,785Rent estimate / mo
0.78Lender DSCR (est.)
$3,671Taxes / yr · assumed 1.2%
$175ZIP median $ / sqft
1/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,785 |
| − Mortgage (P&I) | −$1,604 |
| − Taxes | −$306 |
| − Insurance | −$127 |
| − HOA | −$250 |
| = Cash flow before vacancy & repairs | $-503 |
The numbers
- Price
- $305,900
- $ / sq ft
- $174 ZIP median $175
- Rent estimate
- $1,785/mo HUD fair-market rent
- Property taxes
- $3,671/yr assumed 1.2% of price
- PITIA (assumed)
- $2,288/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $250/mo
- Lender DSCR (est.)
- 0.78 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 1/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,760 sq ft
- Lot
- 2,614 sq ft
- Year built
- 2019
- Property type
- Condo
- HOA
- $250/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22130610
- Listed
- Oct 9, 2026
- Days on market
- 25
- Listing agent
- Julie Preston-hofmeister · F.C. Tucker Company - East
3178910100 · designtosell@talktotucker.com - Price history
- First asked $305,900
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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.