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 11875 Gray Ghost Way
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0score
NewNew Construction
$799,999
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11875 Gray Ghost Way

Fishers IN 46040 · Single Family · built 2026
5 bd4 ba4,079 sqft$196/sqft vs ZIP $190 +3%
0.38 lender DSCR (est.)
Rent covers the estimated payment 0.38× · walk-away floor 1.20 · low 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 assumed at 1.2% of price. Assumptions as of 2026-09-12.

The underwriting

The numbers (estimates, illustrative)

$799,999List price
$2,058Rent estimate / mo
0.38Lender DSCR (est.)
$9,600Taxes / yr · assumed 1.2%
$190ZIP median $ / sqft
0/100Deal Score

Monthly picture (illustrative)

Rent est.$2,058
− Mortgage (P&I)−$4,195
− Taxes−$800
− Insurance−$333
− HOA−$66
= Cash flow before vacancy & repairs$-3,337

The numbers

Price
$799,999
$ / sq ft
$196 ZIP median $190
Rent estimate
$2,058/mo HUD fair-market rent
Property taxes
$9,600/yr assumed 1.2% of price
PITIA (assumed)
$5,395/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $66/mo
Lender DSCR (est.)
0.38 rent ÷ PITIA · lender floor 1.20
Deal Score
0/100

The property

Beds / baths
5 / 4
Living area
4,079 sq ft
Lot
12,197 sq ft
Year built
2026
Property type
Single Family
HOA
$66/mo
Flood zone
X
Registered rental
No

The listing

Source
New Construction
MLS #
—
Listed
Oct 1, 2026
Days on market
49 relisted — counted from when we first saw it
Listing agent
Not on the feed — use the official listing link
Price history
First asked $799,999
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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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