Street view of 9654 Calamus Dr
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15score
$264,900
MLS Street view
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9654 Calamus Dr

Noblesville IN 46060 · Condo · built 2016
3 bd2.5 ba1,766 sqft$150/sqft vs ZIP $184 −18%
0.87 lender DSCR (est.)
Rent covers the estimated payment 0.87× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,748/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.

19% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$264,900List price
$1,748Rent estimate / mo
0.87Lender DSCR (est.)
$3,179Taxes / yr · assumed 1.2%
$184ZIP median $ / sqft
15/100Deal Score

Monthly picture (illustrative)

Rent est.$1,748
− Mortgage (P&I)−$1,389
− Taxes−$265
− Insurance−$110
− HOA−$252
= Cash flow before vacancy & repairs$-268

The numbers

Price
$264,900
$ / sq ft
$150 ZIP median $184
Rent estimate
$1,748/mo HUD fair-market rent
Property taxes
$3,179/yr assumed 1.2% of price
PITIA (assumed)
$2,016/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $252/mo
Lender DSCR (est.)
0.87 rent ÷ PITIA · lender floor 1.20
Deal Score
15/100 19% under ZIP $/sqft

The property

Beds / baths
3 / 2.5
Living area
1,766 sq ft
Lot
2,614 sq ft
Year built
2016
Property type
Condo
HOA
$252/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22118658
Listed
Sep 3, 2026
Days on market
32
Listing agent
Jerri Mittman · Keller Williams Indy Metro Ne
3172899560 · jmittman@kw.com
Price history
First asked $264,900
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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.

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