Last confirmed active 18 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
12score
↓ $3,000
$237,000
MLS
Street view524 Carroll Dr
Westfield IN 46074 · Condo · built 2001
2 bd2.5 ba1,276 sqft$186/sqft vs ZIP $210 −12%
0.88 lender DSCR (est.)
Rent covers the estimated payment 0.88× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,711/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 $/sqftprice cut 1%
The underwriting
The numbers (estimates, illustrative)
$237,000List price
$1,711Rent estimate / mo
0.88Lender DSCR (est.)
$4,308Taxes / yr · county assessor
$210ZIP median $ / sqft
12/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,711 |
| − Mortgage (P&I) | −$1,243 |
| − Taxes | −$359 |
| − Insurance | −$99 |
| − HOA | −$245 |
| = Cash flow before vacancy & repairs | $-235 |
The numbers
- Price
- $237,000
- $ / sq ft
- $186 ZIP median $210
- Rent estimate
- $1,711/mo HUD fair-market rent
- Property taxes
- $4,308/yr 2% cap on assessed value $215,400
- PITIA (assumed)
- $1,946/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $245/mo
- Lender DSCR (est.)
- 0.88 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 12/100 11% under ZIP $/sqft · price cut 1%
The property
- Beds / baths
- 2 / 2.5
- Living area
- 1,276 sq ft
- Lot
- 1,220 sq ft
- Year built
- 2001
- Property type
- Condo
- HOA
- $245/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22100288
- Listed
- May 7, 2026
- Days on market
- 151
- Listing agent
- Jamie Carmosino · Carpenter, Realtors, Noblesville
8006301727 · jcarmosino@callcarpenter.com - Price history
- First asked $240,000 · previously $240,000 cut $3,000
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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.