Last confirmed active 18 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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20score
↓ $20,000
$269,000
MLS
Street view8201 River Run Pl
Noblesville IN 46062 · Single Family · built 1997
3 bd2 ba1,488 sqft$181/sqft vs ZIP $185 −2%
1.03 lender DSCR (est.)
Rent covers the estimated payment 1.03× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,953/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.
price cut 7%
The underwriting
The numbers (estimates, illustrative)
$269,000List price
$1,953Rent estimate / mo
1.03Lender DSCR (est.)
$4,240Taxes / yr · county assessor
$185ZIP median $ / sqft
20/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,953 |
| − Mortgage (P&I) | −$1,411 |
| − Taxes | −$353 |
| − Insurance | −$112 |
| − HOA | −$24 |
| = Cash flow before vacancy & repairs | $53 |
The numbers
- Price
- $269,000
- $ / sq ft
- $181 ZIP median $185
- Rent estimate
- $1,953/mo HUD fair-market rent
- Property taxes
- $4,240/yr 2% cap on assessed value $212,000
- PITIA (assumed)
- $1,900/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $24/mo
- Lender DSCR (est.)
- 1.03 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 20/100 price cut 7%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,488 sq ft
- Lot
- 6,970 sq ft
- Year built
- 1997
- Property type
- Single Family
- HOA
- $24/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123036
- Listed
- Aug 30, 2026
- Days on market
- 36
- Listing agent
- Mike Strange · Highgarden Real Estate
7656522682 · dearmikestrange@gmail.com - Price history
- First asked $289,000 · previously $289,000 cut $20,000
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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.