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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32score
↓ $15,000
$384,900
MLS
Street view12243 Rambling Rd
Fishers IN 46037 · Single Family · built 2003
3 bd2.5 ba3,070 sqft$125/sqft vs ZIP $175 −28%
0.76 lender DSCR (est.)
Rent covers the estimated payment 0.76× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,114/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 4%
The underwriting
The numbers (estimates, illustrative)
$384,900List price
$2,114Rent estimate / mo
0.76Lender DSCR (est.)
$7,448Taxes / yr · county assessor
$175ZIP median $ / sqft
32/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,114 |
| − Mortgage (P&I) | −$2,018 |
| − Taxes | −$621 |
| − Insurance | −$160 |
| = Cash flow before vacancy & repairs | $-685 |
The numbers
- Price
- $384,900
- $ / sq ft
- $125 ZIP median $175
- Rent estimate
- $2,114/mo HUD fair-market rent
- Property taxes
- $7,448/yr 2% cap on assessed value $372,400
- PITIA (assumed)
- $2,799/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.76 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 32/100 29% under ZIP $/sqft · price cut 4%
The property
- Beds / baths
- 3 / 2.5
- Living area
- 3,070 sq ft
- Lot
- 6,534 sq ft
- Year built
- 2003
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22118407
- Listed
- Aug 6, 2026
- Days on market
- 60
- Listing agent
- William Griffin · Cpr Real Estate, Llc
3175858500 · griffin@mbor.net - Price history
- First asked $399,900 · previously $394,900 cut $15,000
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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.