1 / 6
0score
$432,400
MLS
Street view4657 Aldersgate Dr
Carmel IN 46033 · Single Family · built 1984
3 bd2 ba1,926 sqft$225/sqft vs ZIP $202 +11%
0.76 lender DSCR (est.)
Rent covers the estimated payment 0.76× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,212/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)
$432,400List price
$2,212Rent estimate / mo
0.76Lender DSCR (est.)
$5,189Taxes / yr · assumed 1.2%
$202ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,212 |
| − Mortgage (P&I) | −$2,268 |
| − Taxes | −$432 |
| − Insurance | −$180 |
| − HOA | −$23 |
| = Cash flow before vacancy & repairs | $-691 |
The numbers
- Price
- $432,400
- $ / sq ft
- $225 ZIP median $202
- Rent estimate
- $2,212/mo HUD fair-market rent
- Property taxes
- $5,189/yr assumed 1.2% of price
- PITIA (assumed)
- $2,903/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $23/mo
- Lender DSCR (est.)
- 0.76 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,926 sq ft
- Lot
- 7,841 sq ft
- Year built
- 1984
- Property type
- Single Family
- HOA
- $23/mo
- Flood zone
- X
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22129998
- Listed
- Oct 17, 2026
- Days on market
- 17
- Listing agent
- Lisa Stokes-bear · CENTURY 21 Scheetz
3177052500 · lstokes@c21scheetz.com - Price history
- First asked $432,400
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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.