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0score
$798,000
MLS
Street view11997 Gray Ghost Way
Fishers IN 46040 · Single Family · built 2024
4 bd3.5 ba2,869 sqft$278/sqft vs ZIP $184 +51%
0.36 lender DSCR (est.)
Rent covers the estimated payment 0.36× · 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.
The underwriting
The numbers (estimates, illustrative)
$798,000List price
$2,015Rent estimate / mo
0.36Lender DSCR (est.)
$11,684Taxes / yr · county assessor
$184ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,015 |
| − Mortgage (P&I) | −$4,185 |
| − Taxes | −$974 |
| − Insurance | −$333 |
| − HOA | −$56 |
| = Cash flow before vacancy & repairs | $-3,532 |
The numbers
- Price
- $798,000
- $ / sq ft
- $278 ZIP median $184
- Rent estimate
- $2,015/mo HUD fair-market rent
- Property taxes
- $11,684/yr 2% cap on assessed value $584,200
- PITIA (assumed)
- $5,547/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $56/mo
- Lender DSCR (est.)
- 0.36 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 4 / 3.5
- Living area
- 2,869 sq ft
- Lot
- 10,454 sq ft
- Year built
- 2024
- Property type
- Single Family
- HOA
- $56/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131435
- Listed
- Oct 14, 2026
- Days on market
- 19
- Listing agent
- Leyton Wellbaum · Highgarden Real Estate
3177628038 · lwellbaum@highgarden.com - Price history
- First asked $798,000
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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.