1 / 6
10score
↓ $250,000
$1,500,000
MLS
Street view11353 Geist Bay Ct
Fishers IN 46040 · Single Family · built 1994
6 bd5 ba6,500 sqft$231/sqft vs ZIP $184 +25%
0.19 lender DSCR (est.)
Rent covers the estimated payment 0.19× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,015/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 17%
The underwriting
The numbers (estimates, illustrative)
$1,500,000List price
$2,015Rent estimate / mo
0.19Lender DSCR (est.)
$28,512Taxes / yr · county assessor
$184ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,015 |
| − Mortgage (P&I) | −$7,866 |
| − Taxes | −$2,376 |
| − Insurance | −$625 |
| − HOA | −$21 |
| = Cash flow before vacancy & repairs | $-8,873 |
The numbers
- Price
- $1,500,000
- $ / sq ft
- $231 ZIP median $184
- Rent estimate
- $2,015/mo HUD fair-market rent
- Property taxes
- $28,512/yr 2% cap on assessed value $1,425,600
- PITIA (assumed)
- $10,888/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $21/mo
- Lender DSCR (est.)
- 0.19 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 17%
The property
- Beds / baths
- 6 / 5
- Living area
- 6,500 sq ft
- Lot
- 113,256 sq ft
- Year built
- 1994
- Property type
- Single Family
- HOA
- $21/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22122643
- Listed
- Aug 28, 2026
- Days on market
- 66
- Listing agent
- Mark Humphrey · Berkshire Hathaway HomeServices Indiana Realty
3176402721 · mhumphrey@realestatelinks.com - Price history
- First asked $1,750,000 · previously $1,750,000 cut $250,000
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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.