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24score
$474,900
MLS
Street view11241 Tall Trees Dr
Fishers IN 46038 · Single Family · built 1995
4 bd2.5 ba3,566 sqft$133/sqft vs ZIP $186 −28%
0.71 lender DSCR (est.)
Rent covers the estimated payment 0.71× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,481/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 $/sqft
The underwriting
The numbers (estimates, illustrative)
$474,900List price
$2,481Rent estimate / mo
0.71Lender DSCR (est.)
$9,288Taxes / yr · county assessor
$186ZIP median $ / sqft
24/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,481 |
| − Mortgage (P&I) | −$2,490 |
| − Taxes | −$774 |
| − Insurance | −$198 |
| − HOA | −$13 |
| = Cash flow before vacancy & repairs | $-994 |
The numbers
- Price
- $474,900
- $ / sq ft
- $133 ZIP median $186
- Rent estimate
- $2,481/mo HUD fair-market rent
- Property taxes
- $9,288/yr 2% cap on assessed value $464,400
- PITIA (assumed)
- $3,475/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $13/mo
- Lender DSCR (est.)
- 0.71 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 24/100 28% under ZIP $/sqft
The property
- Beds / baths
- 4 / 2.5
- Living area
- 3,566 sq ft
- Lot
- 11,761 sq ft
- Year built
- 1995
- Property type
- Single Family
- HOA
- $13/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22132411
- Listed
- Oct 22, 2026
- Days on market
- 12
- Listing agent
- Joel Rust, Agent · Berkshire Hathaway HomeServices Indiana Realty
3178057360 · jrust@realestatelinks.com - Price history
- First asked $474,900
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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.