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1 / 6
30score
↓ $25,100
$799,900
MLS
Street view118 White Horse Ln
Fishers IN 46038 · Single Family · built 1975
4 bd4 ba5,915 sqft$135/sqft vs ZIP $190 −29%
0.46 lender DSCR (est.)
Rent covers the estimated payment 0.46× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,534/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.
29% under ZIP $/sqftprice cut 3%
The underwriting
The numbers (estimates, illustrative)
$799,900List price
$2,534Rent estimate / mo
0.46Lender DSCR (est.)
$11,558Taxes / yr · county assessor
$190ZIP median $ / sqft
30/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,534 |
| − Mortgage (P&I) | −$4,195 |
| − Taxes | −$963 |
| − Insurance | −$333 |
| = Cash flow before vacancy & repairs | $-2,957 |
The numbers
- Price
- $799,900
- $ / sq ft
- $135 ZIP median $190
- Rent estimate
- $2,534/mo HUD fair-market rent
- Property taxes
- $11,558/yr 2% cap on assessed value $577,900
- PITIA (assumed)
- $5,491/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.46 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 30/100 29% under ZIP $/sqft · price cut 3%
The property
- Beds / baths
- 4 / 4
- Living area
- 5,915 sq ft
- Lot
- 56,628 sq ft
- Year built
- 1975
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22080233
- Listed
- Jan 22, 2026
- Days on market
- 256
- Listing agent
- Kim Pickett · CENTURY 21 Scheetz
3178145500 · kpickett@c21scheetz.com - Price history
- First asked $825,000 · previously $825,000 cut $25,100
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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.