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
New Construction
$721,500
MLS
Street view9866 Morningstar Ln
Carmel IN 46280 · Single Family · built 2026
3 bd2.5 ba2,402 sqft$300/sqft vs ZIP $237 +27%
0.47 lender DSCR (est.)
Rent covers the estimated payment 0.47× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,284/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.
The underwriting
The numbers (estimates, illustrative)
$721,500List price
$2,284Rent estimate / mo
0.47Lender DSCR (est.)
$8,658Taxes / yr · assumed 1.2%
$237ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,284 |
| − Mortgage (P&I) | −$3,784 |
| − Taxes | −$722 |
| − Insurance | −$301 |
| − HOA | −$73 |
| = Cash flow before vacancy & repairs | $-2,595 |
The numbers
- Price
- $721,500
- $ / sq ft
- $300 ZIP median $237
- Rent estimate
- $2,284/mo HUD fair-market rent
- Property taxes
- $8,658/yr assumed 1.2% of price
- PITIA (assumed)
- $4,879/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $73/mo
- Lender DSCR (est.)
- 0.47 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,402 sq ft
- Lot
- 5,227 sq ft
- Year built
- 2026
- Property type
- Single Family
- HOA
- $73/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22086161
- Listed
- Apr 2, 2026
- Days on market
- 186
- Listing agent
- Stacey Willis · Stacey Willis
3174313154 · stacey@homeswithsteill.com - Price history
- First asked $721,500
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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.