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0score
$974,900
MLS
Street view764 W Main St
Carmel IN 46032 · Single Family · built 1990
3 bd2.5 ba1,940 sqft$503/sqft vs ZIP $233 +116%
0.34 lender DSCR (est.)
Rent covers the estimated payment 0.34× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,188/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.
The underwriting
The numbers (estimates, illustrative)
$974,900List price
$2,188Rent estimate / mo
0.34Lender DSCR (est.)
$11,699Taxes / yr · assumed 1.2%
$233ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,188 |
| − Mortgage (P&I) | −$5,112 |
| − Taxes | −$975 |
| − Insurance | −$406 |
| = Cash flow before vacancy & repairs | $-4,306 |
The numbers
- Price
- $974,900
- $ / sq ft
- $503 ZIP median $233
- Rent estimate
- $2,188/mo HUD fair-market rent
- Property taxes
- $11,699/yr assumed 1.2% of price
- PITIA (assumed)
- $6,494/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.34 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,940 sq ft
- Lot
- 16,988 sq ft
- Year built
- 1990
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22129412
- Listed
- Oct 12, 2026
- Days on market
- 21
- Listing agent
- Bif Ward · F.C. Tucker Company
3175807871 · bif@talktotucker.com - Price history
- First asked $974,900
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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.