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
1 / 6
10score
↓ $150,000
$1,350,000
MLS
Street view10573 E 116th St
Fishers IN 46037 · Single Family · built 1951
5 bd4.5 ba4,551 sqft$297/sqft vs ZIP $175 +70%
0.30 lender DSCR (est.)
Rent covers the estimated payment 0.30× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,574/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.
price cut 11%
The underwriting
The numbers (estimates, illustrative)
$1,350,000List price
$2,574Rent estimate / mo
0.30Lender DSCR (est.)
$10,366Taxes / yr · county assessor
$175ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,574 |
| − Mortgage (P&I) | −$7,080 |
| − Taxes | −$864 |
| − Insurance | −$563 |
| = Cash flow before vacancy & repairs | $-5,932 |
The numbers
- Price
- $1,350,000
- $ / sq ft
- $297 ZIP median $175
- Rent estimate
- $2,574/mo HUD fair-market rent
- Property taxes
- $10,366/yr 2% cap on assessed value $518,300
- PITIA (assumed)
- $8,506/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.30 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 11%
The property
- Beds / baths
- 5 / 4.5
- Living area
- 4,551 sq ft
- Lot
- 87,120 sq ft
- Year built
- 1951
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22069028
- Listed
- Nov 2, 2025
- Days on market
- 337
- Listing agent
- Shirley Mueller & Robert Kincaid · Kincaid REALTORS, LLC
3178481118 · kincaid@realtor.com - Price history
- First asked $1,500,000 · previously $1,500,000 cut $150,000
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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.