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 11361 Romeo Pl
1 / 6
24score
↓ $10,000
$539,900
MLS Street view
Search photos

11361 Romeo Pl

Fishers IN 46040 · Single Family · built 2004
5 bd3.5 ba3,763 sqft$143/sqft vs ZIP $190 −24%
0.52 lender DSCR (est.)
Rent covers the estimated payment 0.52× · 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.

24% under ZIP $/sqftprice cut 2%
The underwriting

The numbers (estimates, illustrative)

$539,900List price
$2,058Rent estimate / mo
0.52Lender DSCR (est.)
$9,902Taxes / yr · county assessor
$190ZIP median $ / sqft
24/100Deal Score

Monthly picture (illustrative)

Rent est.$2,058
− Mortgage (P&I)−$2,831
− Taxes−$825
− Insurance−$225
− HOA−$50
= Cash flow before vacancy & repairs$-1,873

The numbers

Price
$539,900
$ / sq ft
$143 ZIP median $190
Rent estimate
$2,058/mo HUD fair-market rent
Property taxes
$9,902/yr 2% cap on assessed value $495,100
PITIA (assumed)
$3,931/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $50/mo
Lender DSCR (est.)
0.52 rent ÷ PITIA · lender floor 1.20
Deal Score
24/100 24% under ZIP $/sqft · price cut 2%

The property

Beds / baths
5 / 3.5
Living area
3,763 sq ft
Lot
13,504 sq ft
Year built
2004
Property type
Single Family
HOA
$50/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22105884
Listed
Jun 3, 2026
Days on market
124
Listing agent
Terry Young · Red Bridge Real Estate
8122168602 · terry@redbridgerealestate.com
Price history
First asked $549,900 · previously $549,900 cut $10,000
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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.

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