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1 / 6
15score
↓ $40,000
$709,900
MLS
Street view12634 Coastal Pl
Fishers IN 46037 · Single Family · built 2024
4 bd2.5 ba3,333 sqft$213/sqft vs ZIP $175 +22%
0.47 lender DSCR (est.)
Rent covers the estimated payment 0.47× · walk-away floor 1.20 · medium 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 from the county assessor. Assumptions as of 2026-09-12.
price cut 6%below assessed value
The underwriting
The numbers (estimates, illustrative)
$709,900List price
$2,574Rent estimate / mo
0.47Lender DSCR (est.)
$16,172Taxes / yr · county assessor
$175ZIP median $ / sqft
15/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,574 |
| − Mortgage (P&I) | −$3,723 |
| − Taxes | −$1,348 |
| − Insurance | −$296 |
| − HOA | −$73 |
| = Cash flow before vacancy & repairs | $-2,865 |
The numbers
- Price
- $709,900
- $ / sq ft
- $213 ZIP median $175
- Rent estimate
- $2,574/mo HUD fair-market rent
- Property taxes
- $16,172/yr 2% cap on assessed value $808,600
- PITIA (assumed)
- $5,439/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $73/mo
- Lender DSCR (est.)
- 0.47 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 15/100 price cut 6% · below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 3,333 sq ft
- Lot
- 12,197 sq ft
- Year built
- 2024
- Property type
- Single Family
- HOA
- $73/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22119518
- Listed
- Aug 12, 2026
- Days on market
- 54
- Listing agent
- Jeffrey Cummings · RE/MAX Complete
3173704664 · jcummings@gotocomplete.com - Price history
- First asked $749,900 · previously $749,900 cut $40,000
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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.