Street view of 540 E 214th St
1 / 6
0score
$3,680,000
MLS Street view
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540 E 214th St

Westfield IN 46069 · Single Family · built 2024
7 bd6 ba7,297 sqft$504/sqft
0.06 lender DSCR (est.)
Rent covers the estimated payment 0.06× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,390/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)

$3,680,000List price
$1,390Rent estimate / mo
0.06Lender DSCR (est.)
$44,160Taxes / yr · assumed 1.2%
—ZIP median $ / sqft
0/100Deal Score

Monthly picture (illustrative)

Rent est.$1,390
− Mortgage (P&I)−$19,298
− Taxes−$3,680
− Insurance−$1,533
= Cash flow before vacancy & repairs$-23,122

The numbers

Price
$3,680,000
$ / sq ft
$504
Rent estimate
$1,390/mo HUD fair-market rent
Property taxes
$44,160/yr assumed 1.2% of price
PITIA (assumed)
$24,512/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.06 rent ÷ PITIA · lender floor 1.20
Deal Score
0/100

The property

Beds / baths
7 / 6
Living area
7,297 sq ft
Lot
348,480 sq ft
Year built
2024
Property type
Single Family
HOA
None on record
Flood zone
X
Registered rental
—

The listing

Source
Standard
MLS #
22129542
Listed
Oct 15, 2026
Days on market
18
Listing agent
Carrie Holle · Compass of Indiana, LLC
3173392259 · carrie@carriehollegroup.com
Price history
First asked $3,680,000
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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.

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