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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0score
$429,000
MLS
Street view848 Bennett Ct
Carmel IN 46032 · Single Family · built 1985
3 bd2.5 ba1,562 sqft$275/sqft vs ZIP $233 +18%
0.75 lender DSCR (est.)
Rent covers the estimated payment 0.75× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,235/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.
The underwriting
The numbers (estimates, illustrative)
$429,000List price
$2,235Rent estimate / mo
0.75Lender DSCR (est.)
$6,724Taxes / yr · county assessor
$233ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,235 |
| − Mortgage (P&I) | −$2,250 |
| − Taxes | −$560 |
| − Insurance | −$179 |
| = Cash flow before vacancy & repairs | $-754 |
The numbers
- Price
- $429,000
- $ / sq ft
- $275 ZIP median $233
- Rent estimate
- $2,235/mo HUD fair-market rent
- Property taxes
- $6,724/yr 2% cap on assessed value $336,200
- PITIA (assumed)
- $2,989/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.75 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,562 sq ft
- Lot
- 14,810 sq ft
- Year built
- 1985
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22099574
- Listed
- May 7, 2026
- Days on market
- 151
- Listing agent
- Beau Gibson · F.C. Tucker Company - Carmel
3177277794 · beau.gibson@talktotucker.com - Price history
- First asked $429,000
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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.