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Street view of 5868 E 126th St
1 / 6
10score
↓ $4,900
$415,000
MLS Street view
Search photos

5868 E 126th St

Carmel IN 46033 · Single Family · built 2001
4 bd2.5 ba2,242 sqft$185/sqft vs ZIP $201 −8%
0.91 lender DSCR (est.)
Rent covers the estimated payment 0.91× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,752/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.

price cut 1%
The underwriting

The numbers (estimates, illustrative)

$415,000List price
$2,752Rent estimate / mo
0.91Lender DSCR (est.)
$7,418Taxes / yr · county assessor
$201ZIP median $ / sqft
10/100Deal Score

Monthly picture (illustrative)

Rent est.$2,752
− Mortgage (P&I)−$2,176
− Taxes−$618
− Insurance−$173
− HOA−$63
= Cash flow before vacancy & repairs$-278

The numbers

Price
$415,000
$ / sq ft
$185 ZIP median $201
Rent estimate
$2,752/mo HUD fair-market rent
Property taxes
$7,418/yr 2% cap on assessed value $370,900
PITIA (assumed)
$3,030/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $63/mo
Lender DSCR (est.)
0.91 rent ÷ PITIA · lender floor 1.20
Deal Score
10/100 price cut 1%

The property

Beds / baths
4 / 2.5
Living area
2,242 sq ft
Lot
8,276 sq ft
Year built
2001
Property type
Single Family
HOA
$63/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22113385
Listed
Jul 10, 2026
Days on market
87
Listing agent
Lindsay Sears · Compass of Indiana, LLC
3175186671 · lsears@c21scheetz.com
Price history
First asked $419,900 · previously $419,900 cut $4,900
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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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