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 7318 Thornmill Ct
1 / 6
26score
↓ $9,900
$255,000
MLS Street view
Search photos

7318 Thornmill Ct

Avon IN 46123 · Single Family · built 1997
3 bd2 ba1,124 sqft$227/sqft vs ZIP $167 +36%
1.18 lender DSCR (est.)
Rent covers the estimated payment 1.18× · 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 4%
The underwriting

The numbers (estimates, illustrative)

$255,000List price
$2,001Rent estimate / mo
1.18Lender DSCR (est.)
$3,060Taxes / yr · assumed 1.2%
$167ZIP median $ / sqft
26/100Deal Score

Monthly picture (illustrative)

Rent est.$2,001
− Mortgage (P&I)−$1,337
− Taxes−$255
− Insurance−$106
= Cash flow before vacancy & repairs$303

The numbers

Price
$255,000
$ / sq ft
$227 ZIP median $167
Rent estimate
$2,001/mo HUD fair-market rent
Property taxes
$3,060/yr assumed 1.2% of price
PITIA (assumed)
$1,698/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.18 rent ÷ PITIA · lender floor 1.20
Deal Score
26/100 price cut 4%

The property

Beds / baths
3 / 2
Living area
1,124 sq ft
Lot
11,761 sq ft
Year built
1997
Property type
Single Family
HOA
None on record
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22120304
Listed
Aug 15, 2026
Days on market
51
Listing agent
Fletcher Daly · New Quantum Realty Group
3172506088 · centurionres@att.net
Price history
First asked $264,900 · previously $264,900 cut $9,900
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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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