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
Street view of 5983 Clearview Dr
1 / 6
13score
↓ $5,000
$714,900
MLS Street view
Search photos

5983 Clearview Dr

Carmel IN 46033 · Single Family · built 2002
4 bd3.5 ba4,124 sqft$173/sqft vs ZIP $201 −14%
0.54 lender DSCR (est.)
Rent covers the estimated payment 0.54× · 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.

14% under ZIP $/sqftprice cut 1%
The underwriting

The numbers (estimates, illustrative)

$714,900List price
$2,752Rent estimate / mo
0.54Lender DSCR (est.)
$11,072Taxes / yr · county assessor
$201ZIP median $ / sqft
13/100Deal Score

Monthly picture (illustrative)

Rent est.$2,752
− Mortgage (P&I)−$3,749
− Taxes−$923
− Insurance−$298
− HOA−$80
= Cash flow before vacancy & repairs$-2,298

The numbers

Price
$714,900
$ / sq ft
$173 ZIP median $201
Rent estimate
$2,752/mo HUD fair-market rent
Property taxes
$11,072/yr 2% cap on assessed value $553,600
PITIA (assumed)
$5,050/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $80/mo
Lender DSCR (est.)
0.54 rent ÷ PITIA · lender floor 1.20
Deal Score
13/100 14% under ZIP $/sqft · price cut 1%

The property

Beds / baths
4 / 3.5
Living area
4,124 sq ft
Lot
13,939 sq ft
Year built
2002
Property type
Single Family
HOA
$80/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22033051
Listed
Apr 16, 2025
Days on market
537
Listing agent
Bart Gauker · REMAX ONE
3178193100 · gauker@indyhomes4sale.com
Price history
First asked $719,900 · previously $719,900 cut $5,000
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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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