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Street view of 13024 W Elster Way
1 / 6
9score
↓ $10,900
$369,000
MLS Street view
Search photos

13024 W Elster Way

Fishers IN 46037 · Single Family · built 2006
3 bd2.5 ba2,186 sqft$169/sqft vs ZIP $175 −4%
0.78 lender DSCR (est.)
Rent covers the estimated payment 0.78× · 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.

price cut 3%
The underwriting

The numbers (estimates, illustrative)

$369,000List price
$2,114Rent estimate / mo
0.78Lender DSCR (est.)
$6,872Taxes / yr · county assessor
$175ZIP median $ / sqft
9/100Deal Score

Monthly picture (illustrative)

Rent est.$2,114
− Mortgage (P&I)−$1,935
− Taxes−$573
− Insurance−$154
− HOA−$46
= Cash flow before vacancy & repairs$-593

The numbers

Price
$369,000
$ / sq ft
$169 ZIP median $175
Rent estimate
$2,114/mo HUD fair-market rent
Property taxes
$6,872/yr 2% cap on assessed value $343,600
PITIA (assumed)
$2,707/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $46/mo
Lender DSCR (est.)
0.78 rent ÷ PITIA · lender floor 1.20
Deal Score
9/100 price cut 3%

The property

Beds / baths
3 / 2.5
Living area
2,186 sq ft
Lot
5,663 sq ft
Year built
2006
Property type
Single Family
HOA
$46/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22115409
Listed
Jul 24, 2026
Days on market
73
Listing agent
Penny Dunn · Century 21 Scheetz
3178445111 · pdunn@c21scheetz.com
Price history
First asked $379,900 · previously $379,900 cut $10,900
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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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