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
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14score
$225,000
MLS
Street view12075 Scoria Dr
Fishers IN 46038 · Condo · built 2017
2 bd2.5 ba1,326 sqft$170/sqft vs ZIP $190 −11%
0.90 lender DSCR (est.)
Rent covers the estimated payment 0.90× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,606/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.
10% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$225,000List price
$1,606Rent estimate / mo
0.90Lender DSCR (est.)
$2,700Taxes / yr · assumed 1.2%
$190ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,606 |
| − Mortgage (P&I) | −$1,180 |
| − Taxes | −$225 |
| − Insurance | −$94 |
| − HOA | −$279 |
| = Cash flow before vacancy & repairs | $-172 |
The numbers
- Price
- $225,000
- $ / sq ft
- $170 ZIP median $190
- Rent estimate
- $1,606/mo HUD fair-market rent
- Property taxes
- $2,700/yr assumed 1.2% of price
- PITIA (assumed)
- $1,778/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $279/mo
- Lender DSCR (est.)
- 0.90 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100 10% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 2 / 2.5
- Living area
- 1,326 sq ft
- Lot
- 1,742 sq ft
- Year built
- 2017
- Property type
- Condo
- HOA
- $279/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22110080
- Listed
- Jul 10, 2026
- Days on market
- 87
- Listing agent
- Laura Turner · F.C. Tucker Company - Fishers/Geist
3173630842 · laura@talktoturner.com - Price history
- First asked $225,000
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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.