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Street view of 5103 Rangewood Dr
1 / 6
9score
$699,900
MLS Street view
Search photos

5103 Rangewood Dr

Noblesville IN 46062 · Single Family · built 2015
3 bd3 ba4,264 sqft$164/sqft vs ZIP $185 −11%
0.39 lender DSCR (est.)
Rent covers the estimated payment 0.39× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,953/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.

11% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$699,900List price
$1,953Rent estimate / mo
0.39Lender DSCR (est.)
$11,940Taxes / yr · county assessor
$185ZIP median $ / sqft
9/100Deal Score

Monthly picture (illustrative)

Rent est.$1,953
− Mortgage (P&I)−$3,670
− Taxes−$995
− Insurance−$292
− HOA−$94
= Cash flow before vacancy & repairs$-3,098

The numbers

Price
$699,900
$ / sq ft
$164 ZIP median $185
Rent estimate
$1,953/mo HUD fair-market rent
Property taxes
$11,940/yr 2% cap on assessed value $597,000
PITIA (assumed)
$5,051/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $94/mo
Lender DSCR (est.)
0.39 rent ÷ PITIA · lender floor 1.20
Deal Score
9/100 11% under ZIP $/sqft

The property

Beds / baths
3 / 3
Living area
4,264 sq ft
Lot
23,958 sq ft
Year built
2015
Property type
Single Family
HOA
$94/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22116723
Listed
Jul 28, 2026
Days on market
69
Listing agent
Steve Clark · Compass of Indiana, LLC
3173454582 · steve@steveclarkteam.com
Price history
First asked $699,900
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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.

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