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13score
$525,000
MLS
Street view912 Nevelle Ln
Carmel IN 46032 · Single Family · built 1987
4 bd2.5 ba2,660 sqft$197/sqft vs ZIP $233 −15%
0.76 lender DSCR (est.)
Rent covers the estimated payment 0.76× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,670/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.
15% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$525,000List price
$2,670Rent estimate / mo
0.76Lender DSCR (est.)
$6,300Taxes / yr · assumed 1.2%
$233ZIP median $ / sqft
13/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,670 |
| − Mortgage (P&I) | −$2,753 |
| − Taxes | −$525 |
| − Insurance | −$219 |
| − HOA | −$8 |
| = Cash flow before vacancy & repairs | $-835 |
The numbers
- Price
- $525,000
- $ / sq ft
- $197 ZIP median $233
- Rent estimate
- $2,670/mo HUD fair-market rent
- Property taxes
- $6,300/yr assumed 1.2% of price
- PITIA (assumed)
- $3,505/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $8/mo
- Lender DSCR (est.)
- 0.76 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 13/100 15% under ZIP $/sqft
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,660 sq ft
- Lot
- 14,375 sq ft
- Year built
- 1987
- Property type
- Single Family
- HOA
- $8/mo
- Flood zone
- X
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22132594
- Listed
- Oct 23, 2026
- Days on market
- 9
- Listing agent
- Garrett Brooks · United Real Estate Indpls
3175236134 · garrett@indysagent.com - Price history
- First asked $525,000
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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.