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
1 / 6
10score
↓ $47,600
$749,900
MLS
Street view12604 Markay Dr
Fishers IN 46038 · Single Family · built 1963
5 bd4.5 ba3,795 sqft$198/sqft vs ZIP $190 +4%
0.50 lender DSCR (est.)
Rent covers the estimated payment 0.50× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,534/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.
price cut 6%
The underwriting
The numbers (estimates, illustrative)
$749,900List price
$2,534Rent estimate / mo
0.50Lender DSCR (est.)
$9,670Taxes / yr · county assessor
$190ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,534 |
| − Mortgage (P&I) | −$3,933 |
| − Taxes | −$806 |
| − Insurance | −$312 |
| = Cash flow before vacancy & repairs | $-2,517 |
The numbers
- Price
- $749,900
- $ / sq ft
- $198 ZIP median $190
- Rent estimate
- $2,534/mo HUD fair-market rent
- Property taxes
- $9,670/yr 2% cap on assessed value $483,500
- PITIA (assumed)
- $5,051/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.50 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 6%
The property
- Beds / baths
- 5 / 4.5
- Living area
- 3,795 sq ft
- Lot
- 22,216 sq ft
- Year built
- 1963
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22103811
- Listed
- May 23, 2026
- Days on market
- 135
- Listing agent
- Samuel Snell · Berkshire Hathaway HomeServices Indiana Realty
3175585806 · ssnell@prudentialindiana.com - Price history
- First asked $797,500 · previously $797,500 cut $47,600
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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.