Street view of 889 Bridle Cir
1 / 6
9score
New
$465,000
MLS Street view
Search photos

889 Bridle Cir

Carmel IN 46032 · Single Family · built 1985
4 bd2.5 ba2,098 sqft$222/sqft vs ZIP $233 −5%
0.89 lender DSCR (est.)
Rent covers the estimated payment 0.89× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,748/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.

new this week
The underwriting

The numbers (estimates, illustrative)

$465,000List price
$2,748Rent estimate / mo
0.89Lender DSCR (est.)
$5,580Taxes / yr · assumed 1.2%
$233ZIP median $ / sqft
9/100Deal Score

Monthly picture (illustrative)

Rent est.$2,748
− Mortgage (P&I)−$2,439
− Taxes−$465
− Insurance−$194
= Cash flow before vacancy & repairs$-349

The numbers

Price
$465,000
$ / sq ft
$222 ZIP median $233
Rent estimate
$2,748/mo HUD fair-market rent
Property taxes
$5,580/yr assumed 1.2% of price
PITIA (assumed)
$3,097/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.89 rent ÷ PITIA · lender floor 1.20
Deal Score
9/100 new this week

The property

Beds / baths
4 / 2.5
Living area
2,098 sq ft
Lot
24,394 sq ft
Year built
1985
Property type
Single Family
HOA
None on record
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22129397
Listed
Oct 2, 2026
Days on market
3
Listing agent
Landon Buesching · 1 Percent Lists Indiana Real Estate
2605736316 · landon.buesching@exprealty.com
Price history
First asked $465,000
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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.

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