Street view of 7253 Shag Oak Dr
1 / 6
25score
$479,900
MLS Street view
Search photos

7253 Shag Oak Dr

Noblesville IN 46062 · Single Family · built 1999
4 bd2.5 ba3,751 sqft$128/sqft vs ZIP $185 −31%
0.74 lender DSCR (est.)
Rent covers the estimated payment 0.74× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,398/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.

31% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$479,900List price
$2,398Rent estimate / mo
0.74Lender DSCR (est.)
$5,759Taxes / yr · assumed 1.2%
$185ZIP median $ / sqft
25/100Deal Score

Monthly picture (illustrative)

Rent est.$2,398
− Mortgage (P&I)−$2,517
− Taxes−$480
− Insurance−$200
− HOA−$65
= Cash flow before vacancy & repairs$-864

The numbers

Price
$479,900
$ / sq ft
$128 ZIP median $185
Rent estimate
$2,398/mo HUD fair-market rent
Property taxes
$5,759/yr assumed 1.2% of price
PITIA (assumed)
$3,262/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $65/mo
Lender DSCR (est.)
0.74 rent ÷ PITIA · lender floor 1.20
Deal Score
25/100 31% under ZIP $/sqft

The property

Beds / baths
4 / 2.5
Living area
3,751 sq ft
Lot
9,583 sq ft
Year built
1999
Property type
Single Family
HOA
$65/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22126443
Listed
Sep 18, 2026
Days on market
17
Listing agent
Misti Ray · CENTURY 21 Scheetz
3177052500 · mray@c21scheetz.com
Price history
First asked $479,900
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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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