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
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31score
↓ $5,100
$329,900
MLS
Street view715 Homewood Dr
Carmel IN 46280 · Single Family · built 1950
3 bd1 ba1,792 sqft$184/sqft vs ZIP $237 −22%
1.04 lender DSCR (est.)
Rent covers the estimated payment 1.04× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,284/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.
22% under ZIP $/sqftprice cut 2%
The underwriting
The numbers (estimates, illustrative)
$329,900List price
$2,284Rent estimate / mo
1.04Lender DSCR (est.)
$3,884Taxes / yr · county assessor
$237ZIP median $ / sqft
31/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,284 |
| − Mortgage (P&I) | −$1,730 |
| − Taxes | −$324 |
| − Insurance | −$137 |
| = Cash flow before vacancy & repairs | $93 |
The numbers
- Price
- $329,900
- $ / sq ft
- $184 ZIP median $237
- Rent estimate
- $2,284/mo HUD fair-market rent
- Property taxes
- $3,884/yr 2% cap on assessed value $194,200
- PITIA (assumed)
- $2,191/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.04 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 31/100 22% under ZIP $/sqft · price cut 2%
The property
- Beds / baths
- 3 / 1
- Living area
- 1,792 sq ft
- Lot
- 10,454 sq ft
- Year built
- 1950
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22116492
- Listed
- Jul 27, 2026
- Days on market
- 70
- Listing agent
- Valerie Welty · Keller Williams Indy Metro Ne
3175746628 · d.moore@remax.net - Price history
- First asked $335,000 · previously $335,000 cut $5,100
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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.