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31score
↓ $5,000
$334,000
MLS
Street view11217 Candice Dr
Fishers IN 46038 · Single Family · built 2006
3 bd2.5 ba2,446 sqft$137/sqft vs ZIP $190 −28%
0.83 lender DSCR (est.)
Rent covers the estimated payment 0.83× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,082/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.
28% under ZIP $/sqftprice cut 1%below assessed value
The underwriting
The numbers (estimates, illustrative)
$334,000List price
$2,082Rent estimate / mo
0.83Lender DSCR (est.)
$7,046Taxes / yr · county assessor
$190ZIP median $ / sqft
31/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,082 |
| − Mortgage (P&I) | −$1,752 |
| − Taxes | −$587 |
| − Insurance | −$139 |
| − HOA | −$33 |
| = Cash flow before vacancy & repairs | $-429 |
The numbers
- Price
- $334,000
- $ / sq ft
- $137 ZIP median $190
- Rent estimate
- $2,082/mo HUD fair-market rent
- Property taxes
- $7,046/yr 2% cap on assessed value $352,300
- PITIA (assumed)
- $2,511/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $33/mo
- Lender DSCR (est.)
- 0.83 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 31/100 28% under ZIP $/sqft · price cut 1% · below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,446 sq ft
- Lot
- 8,276 sq ft
- Year built
- 2006
- Property type
- Single Family
- HOA
- $33/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22112224
- Listed
- Jul 6, 2026
- Days on market
- 89
- Listing agent
- Linda Freeman · F.C. Tucker Company - Carmel
3178467751 · linda@lindafreeman.com - Price history
- First asked $339,000 · previously $339,000 cut $5,000
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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.