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0score
$729,700
MLS
Street view9869 Northern Lights Ln
Carmel IN 46280 · Single Family · built 2024
3 bd2.5 ba2,330 sqft$313/sqft vs ZIP $237 +32%
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. $2,301/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)
$729,700List price
$2,301Rent estimate / mo
0.47Lender DSCR (est.)
$8,756Taxes / yr · assumed 1.2%
$237ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,301 |
| − Mortgage (P&I) | −$3,827 |
| − Taxes | −$730 |
| − Insurance | −$304 |
| − HOA | −$73 |
| = Cash flow before vacancy & repairs | $-2,632 |
The numbers
- Price
- $729,700
- $ / sq ft
- $313 ZIP median $237
- Rent estimate
- $2,301/mo HUD fair-market rent
- Property taxes
- $8,756/yr assumed 1.2% of price
- PITIA (assumed)
- $4,933/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
- 2,330 sq ft
- Lot
- 4,356 sq ft
- Year built
- 2024
- Property type
- Single Family
- HOA
- $73/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22127818
- Listed
- Sep 23, 2026
- Days on market
- 12
- Listing agent
- Jessica Rohlman · CENTURY 21 Scheetz
3174967843 · jrohlman@c21scheetz.com - Price history
- First asked $729,700
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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.