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
1 / 6
34score
↓ $29,001
$649,999
MLS
Street view6199 Edenshall Ln
Noblesville IN 46062 · Single Family · built 2011
5 bd4 ba5,010 sqft$130/sqft vs ZIP $185 −30%
0.51 lender DSCR (est.)
Rent covers the estimated payment 0.51× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,381/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.
30% under ZIP $/sqftprice cut 4%
The underwriting
The numbers (estimates, illustrative)
$649,999List price
$2,381Rent estimate / mo
0.51Lender DSCR (est.)
$11,012Taxes / yr · county assessor
$185ZIP median $ / sqft
34/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,381 |
| − Mortgage (P&I) | −$3,409 |
| − Taxes | −$918 |
| − Insurance | −$271 |
| − HOA | −$107 |
| = Cash flow before vacancy & repairs | $-2,323 |
The numbers
- Price
- $649,999
- $ / sq ft
- $130 ZIP median $185
- Rent estimate
- $2,381/mo HUD fair-market rent
- Property taxes
- $11,012/yr 2% cap on assessed value $550,600
- PITIA (assumed)
- $4,704/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $107/mo
- Lender DSCR (est.)
- 0.51 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 34/100 30% under ZIP $/sqft · price cut 4%
The property
- Beds / baths
- 5 / 4
- Living area
- 5,010 sq ft
- Lot
- 7,841 sq ft
- Year built
- 2011
- Property type
- Single Family
- HOA
- $107/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22115008
- Listed
- Aug 13, 2026
- Days on market
- 53
- Listing agent
- Brooke Newport · eXp Realty, LLC
3175003923 · brooke.newport@exprealty.com - Price history
- First asked $679,000 · previously $679,000 cut $29,001
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.