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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18score
↓ $20,000
$875,000
MLS
Street view451 Burlington Ln
Carmel IN 46032 · Single Family · built 2000
4 bd4.5 ba4,489 sqft$195/sqft vs ZIP $233 −16%
0.44 lender DSCR (est.)
Rent covers the estimated payment 0.44× · 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.
16% under ZIP $/sqftprice cut 2%
The underwriting
The numbers (estimates, illustrative)
$875,000List price
$2,728Rent estimate / mo
0.44Lender DSCR (est.)
$10,638Taxes / yr · county assessor
$233ZIP median $ / sqft
18/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,728 |
| − Mortgage (P&I) | −$4,589 |
| − Taxes | −$887 |
| − Insurance | −$365 |
| − HOA | −$317 |
| = Cash flow before vacancy & repairs | $-3,429 |
The numbers
- Price
- $875,000
- $ / sq ft
- $195 ZIP median $233
- Rent estimate
- $2,728/mo HUD fair-market rent
- Property taxes
- $10,638/yr 2% cap on assessed value $531,900
- PITIA (assumed)
- $6,157/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $317/mo
- Lender DSCR (est.)
- 0.44 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 18/100 16% under ZIP $/sqft · price cut 2%
The property
- Beds / baths
- 4 / 4.5
- Living area
- 4,489 sq ft
- Lot
- 9,148 sq ft
- Year built
- 2000
- Property type
- Single Family
- HOA
- $317/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22110985
- Listed
- Jul 1, 2026
- Days on market
- 96
- Listing agent
- Matt Mclaughlin · F.C. Tucker Company
3178437766 · mmcl@talktotucker.com - Price history
- First asked $895,000 · previously $895,000 cut $20,000
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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.