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21score
$399,950
MLS
Street view11455 Clay Hill Ln
Fishers IN 46037 · Condo · built 2005
3 bd2.5 ba2,824 sqft$142/sqft vs ZIP $175 −19%
0.71 lender DSCR (est.)
Rent covers the estimated payment 0.71× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,114/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
19% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$399,950List price
$2,114Rent estimate / mo
0.71Lender DSCR (est.)
$4,799Taxes / yr · assumed 1.2%
$175ZIP median $ / sqft
21/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,114 |
| − Mortgage (P&I) | −$2,097 |
| − Taxes | −$400 |
| − Insurance | −$167 |
| − HOA | −$300 |
| = Cash flow before vacancy & repairs | $-850 |
The numbers
- Price
- $399,950
- $ / sq ft
- $142 ZIP median $175
- Rent estimate
- $2,114/mo HUD fair-market rent
- Property taxes
- $4,799/yr assumed 1.2% of price
- PITIA (assumed)
- $2,964/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $300/mo
- Lender DSCR (est.)
- 0.71 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 21/100 19% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,824 sq ft
- Lot
- 2,178 sq ft
- Year built
- 2005
- Property type
- Condo
- HOA
- $300/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22116157
- Listed
- Jul 24, 2026
- Days on market
- 73
- Listing agent
- Allen Williams · Berkshire Hathaway HomeServices Indiana Realty
3173392256 · allen@awilliamsgroup.com - Price history
- First asked $399,950
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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.