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 605 Sunmeadow Ln
1 / 6
14score
↓ $7,900
$285,000
MLS Street view
Search photos

605 Sunmeadow Ln

Avon IN 46123 · Single Family · built 2002
3 bd2.5 ba1,689 sqft$169/sqft vs ZIP $167 +1%
1.03 lender DSCR (est.)
Rent covers the estimated payment 1.03× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,001/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.

price cut 3%
The underwriting

The numbers (estimates, illustrative)

$285,000List price
$2,001Rent estimate / mo
1.03Lender DSCR (est.)
$3,420Taxes / yr · assumed 1.2%
$167ZIP median $ / sqft
14/100Deal Score

Monthly picture (illustrative)

Rent est.$2,001
− Mortgage (P&I)−$1,495
− Taxes−$285
− Insurance−$119
− HOA−$43
= Cash flow before vacancy & repairs$60

The numbers

Price
$285,000
$ / sq ft
$169 ZIP median $167
Rent estimate
$2,001/mo HUD fair-market rent
Property taxes
$3,420/yr assumed 1.2% of price
PITIA (assumed)
$1,941/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $43/mo
Lender DSCR (est.)
1.03 rent ÷ PITIA · lender floor 1.20
Deal Score
14/100 price cut 3%

The property

Beds / baths
3 / 2.5
Living area
1,689 sq ft
Lot
6,534 sq ft
Year built
2002
Property type
Single Family
HOA
$43/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22114988
Listed
Aug 12, 2026
Days on market
54
Listing agent
Christopher Porter · CENTURY 21 Scheetz
3172681800 · cporter@c21scheetz.com
Price history
First asked $292,900 · previously $292,900 cut $7,900
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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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