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
1 / 6
0score
$578,900
MLS
Street view5218 Sweetwater Dr
Noblesville IN 46062 · Single Family · built 2018
3 bd2.5 ba2,313 sqft$250/sqft vs ZIP $185 +35%
0.45 lender DSCR (est.)
Rent covers the estimated payment 0.45× · 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.
The underwriting
The numbers (estimates, illustrative)
$578,900List price
$1,953Rent estimate / mo
0.45Lender DSCR (est.)
$11,252Taxes / yr · county assessor
$185ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,953 |
| − Mortgage (P&I) | −$3,036 |
| − Taxes | −$938 |
| − Insurance | −$241 |
| − HOA | −$94 |
| = Cash flow before vacancy & repairs | $-2,356 |
The numbers
- Price
- $578,900
- $ / sq ft
- $250 ZIP median $185
- Rent estimate
- $1,953/mo HUD fair-market rent
- Property taxes
- $11,252/yr 2% cap on assessed value $562,600
- PITIA (assumed)
- $4,309/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $94/mo
- Lender DSCR (est.)
- 0.45 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,313 sq ft
- Lot
- 14,810 sq ft
- Year built
- 2018
- Property type
- Single Family
- HOA
- $94/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22104223
- Listed
- May 27, 2026
- Days on market
- 131
- Listing agent
- Isabella Pearson · Highgarden Real Estate
3176625650 · isabellakpearson@icloud.com - Price history
- First asked $578,900
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.