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 12121 Wetland Pt
1 / 6
10score
↓ $100,000
$2,095,000
MLS Street view
Search photos

12121 Wetland Pt

Fishers IN 46037 · Single Family · built 2005
5 bd4.5 ba10,212 sqft$205/sqft vs ZIP $175 +17%
0.18 lender DSCR (est.)
Rent covers the estimated payment 0.18× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,574/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.

price cut 5%
The underwriting

The numbers (estimates, illustrative)

$2,095,000List price
$2,574Rent estimate / mo
0.18Lender DSCR (est.)
$25,140Taxes / yr · assumed 1.2%
$175ZIP median $ / sqft
10/100Deal Score

Monthly picture (illustrative)

Rent est.$2,574
− Mortgage (P&I)−$10,986
− Taxes−$2,095
− Insurance−$873
− HOA−$354
= Cash flow before vacancy & repairs$-11,734

The numbers

Price
$2,095,000
$ / sq ft
$205 ZIP median $175
Rent estimate
$2,574/mo HUD fair-market rent
Property taxes
$25,140/yr assumed 1.2% of price
PITIA (assumed)
$14,308/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $354/mo
Lender DSCR (est.)
0.18 rent ÷ PITIA · lender floor 1.20
Deal Score
10/100 price cut 5%

The property

Beds / baths
5 / 4.5
Living area
10,212 sq ft
Lot
33,106 sq ft
Year built
2005
Property type
Single Family
HOA
$354/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22122344
Listed
Aug 27, 2026
Days on market
39
Listing agent
Scott Hackman · CENTURY 21 Scheetz
3177052500 · shackman@c21scheetz.com
Price history
First asked $2,195,000 · previously $2,195,000 cut $100,000
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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.

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