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
Street view of 10511 Cleary Trace Dr
1 / 6
0score
$549,900
MLS Street view
Search photos

10511 Cleary Trace Dr

Fishers IN 46040 · Single Family · built 2013
4 bd2.5 ba2,666 sqft$206/sqft vs ZIP $190 +9%
0.51 lender DSCR (est.)
Rent covers the estimated payment 0.51× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,058/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.

The underwriting

The numbers (estimates, illustrative)

$549,900List price
$2,058Rent estimate / mo
0.51Lender DSCR (est.)
$10,008Taxes / yr · county assessor
$190ZIP median $ / sqft
0/100Deal Score

Monthly picture (illustrative)

Rent est.$2,058
− Mortgage (P&I)−$2,884
− Taxes−$834
− Insurance−$229
− HOA−$52
= Cash flow before vacancy & repairs$-1,941

The numbers

Price
$549,900
$ / sq ft
$206 ZIP median $190
Rent estimate
$2,058/mo HUD fair-market rent
Property taxes
$10,008/yr 2% cap on assessed value $500,400
PITIA (assumed)
$3,999/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $52/mo
Lender DSCR (est.)
0.51 rent ÷ PITIA · lender floor 1.20
Deal Score
0/100

The property

Beds / baths
4 / 2.5
Living area
2,666 sq ft
Lot
11,326 sq ft
Year built
2013
Property type
Single Family
HOA
$52/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22104004
Listed
May 27, 2026
Days on market
131
Listing agent
Steve Clark · Compass of Indiana, LLC
3173454582 · steve@steveclarkteam.com
Price history
First asked $549,900
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad