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
9score
↓ $400
$344,500
MLS
Street view5830 Northlands Ter
Plainfield IN 46168 · Single Family · built 2008
3 bd2 ba2,176 sqft$158/sqft vs ZIP $177 −11%
0.78 lender DSCR (est.)
Rent covers the estimated payment 0.78× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,824/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.
11% under ZIP $/sqftprice cut 0%
The underwriting
The numbers (estimates, illustrative)
$344,500List price
$1,824Rent estimate / mo
0.78Lender DSCR (est.)
$4,134Taxes / yr · assumed 1.2%
$177ZIP median $ / sqft
9/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,824 |
| − Mortgage (P&I) | −$1,807 |
| − Taxes | −$345 |
| − Insurance | −$144 |
| − HOA | −$33 |
| = Cash flow before vacancy & repairs | $-504 |
The numbers
- Price
- $344,500
- $ / sq ft
- $158 ZIP median $177
- Rent estimate
- $1,824/mo HUD fair-market rent
- Property taxes
- $4,134/yr assumed 1.2% of price
- PITIA (assumed)
- $2,328/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $33/mo
- Lender DSCR (est.)
- 0.78 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 9/100 11% under ZIP $/sqft · price cut 0%
The property
- Beds / baths
- 3 / 2
- Living area
- 2,176 sq ft
- Lot
- 7,405 sq ft
- Year built
- 2008
- Property type
- Single Family
- HOA
- $33/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22112115
- Listed
- Jul 21, 2026
- Days on market
- 76
- Listing agent
- Mike Ellis · Ellis & Associates Llc
3174405604 · mike.ellis@callellis.com - Price history
- First asked $344,900 · previously $344,900 cut $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.