OFF_MARKETExcellent Deal64 days on market

1870 E 106th St

1870 E 106th St, Carmel, IN 46032, Carmel, IN 46032
$699,900
Zestimate®:$653,400

Listing Price

Property image 1
1870 E 106th St, Carmel, IN 46032
Loc: Carmel, IN
Days Listed
64
Tax Assessed
$564k
Zestimate®
$653k
Market Rate
Lot Size
0.54 acres
Rent Estimate
$3,076/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

Forest Dale Elementary School

PK-5
0.7 mi away
8

Carmel Middle School

6-8
2.6 mi away
10

Carmel High School

9-12
2.6 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.50%
Total ROI
27.2%
Cash Flow
$836/mo
DSCR
1.24
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-10Sold$650,000$255
2026-06-22Pending sale$675,000$264
2026-06-20Listed for sale$675,000$264
2026-06-15Pending sale$675,000$264
2026-05-29Price change$675,000$264
2026-04-23Price change$699,900$274
2026-03-19Price change$715,000$280
2026-03-10Listed for sale$719,000$282
2024-03-29Sold$640,000$251
2024-02-29Pending sale$675,000$264
2024-01-05Listed for sale$675,000$264
2023-10-19Listing removed$0
2023-08-29Price change$675,000$264
2023-08-17Listed for sale$750,000$294
2014-10-17Sold$385,000$151

Tax History

YearProperty TaxTax Assessment
2025$5,031.7$564,100
2024$4,896.46$451,000
2023$4,971.56$451,000
2022$4,460.3$438,900
2021$4,502.72$397,300
2020$4,003.4$401,000
2019$4,018.26$357,600
2018$3,762.16$361,000
2017$3,622.78$338,300
2016$3,573.38$330,600
2014$2,558.36$249,400
2013$2,580.02$246,100
2012$2,539.08$241,000
2011$2,602.84$259,500
2010$2,721.62$259,500
2009$2,289.14$259,500
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
2,552
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $699,900Rent Basis: Observed Comp Model ($3,076/mo)State Tax Benchmark: 0.81% (IN)Hazard Reserve: $204/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.06%

NOI: $21,405/yr

Cash-on-Cash Yield
-13.8%

On $160,977 invested

DSCR Ratio
0.49x

Negative debt coverage

5-Yr Leveraged ROI
+25.3%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.81% of basis)-$381/mo
Homeowner / Hazard Insurance-$204/mo
Vacancy Reserve (5% of rent)-$154/mo
Repairs & Maintenance (10% of rent)-$308/mo
Property Management (8% of rent)-$246/mo
Total Pure Operating Expenses-$1,292/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,076/mo
Less: Operating Expenses-$1,292/mo
Net Operating Income (NOI)+$1,784/mo
Less: Debt Service (30yr @ 6.75%)-$3,632/mo
Net Cash Flow
$-1,848/mo
$-22,175/year
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