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14score
$349,900
MLS
Street view13528 E 131st St
Fishers IN 46037 · Condo · built 2005
3 bd2.5 ba2,404 sqft$146/sqft vs ZIP $175 −17%
0.74 lender DSCR (est.)
Rent covers the estimated payment 0.74× · 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.
17% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$349,900List price
$2,114Rent estimate / mo
0.74Lender DSCR (est.)
$6,474Taxes / yr · county assessor
$175ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,114 |
| − Mortgage (P&I) | −$1,835 |
| − Taxes | −$540 |
| − Insurance | −$146 |
| − HOA | −$336 |
| = Cash flow before vacancy & repairs | $-742 |
The numbers
- Price
- $349,900
- $ / sq ft
- $146 ZIP median $175
- Rent estimate
- $2,114/mo HUD fair-market rent
- Property taxes
- $6,474/yr 2% cap on assessed value $323,700
- PITIA (assumed)
- $2,856/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $336/mo
- Lender DSCR (est.)
- 0.74 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100 17% under ZIP $/sqft
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,404 sq ft
- Lot
- 2,178 sq ft
- Year built
- 2005
- Property type
- Condo
- HOA
- $336/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22112864
- Listed
- Jul 9, 2026
- Days on market
- 88
- Listing agent
- Milan Burnett · F.C. Tucker Company - Carmel
2677307771 · milan.burnett@talktotucker.com - Price history
- First asked $349,900
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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.