Street view of 13946 Meadow Lake Dr
1 / 6
13score
$379,900
MLS Street view
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13946 Meadow Lake Dr

Fishers IN 46038 · Single Family · built 2002
3 bd2.5 ba2,368 sqft$160/sqft vs ZIP $190 −16%
0.81 lender DSCR (est.)
Rent covers the estimated payment 0.81× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,098/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.

15% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$379,900List price
$2,098Rent estimate / mo
0.81Lender DSCR (est.)
$4,559Taxes / yr · assumed 1.2%
$190ZIP median $ / sqft
13/100Deal Score

Monthly picture (illustrative)

Rent est.$2,098
− Mortgage (P&I)−$1,992
− Taxes−$380
− Insurance−$158
− HOA−$44
= Cash flow before vacancy & repairs$-476

The numbers

Price
$379,900
$ / sq ft
$160 ZIP median $190
Rent estimate
$2,098/mo HUD fair-market rent
Property taxes
$4,559/yr assumed 1.2% of price
PITIA (assumed)
$2,574/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $44/mo
Lender DSCR (est.)
0.81 rent ÷ PITIA · lender floor 1.20
Deal Score
13/100 15% under ZIP $/sqft

The property

Beds / baths
3 / 2.5
Living area
2,368 sq ft
Lot
8,712 sq ft
Year built
2002
Property type
Single Family
HOA
$44/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22128105
Listed
Sep 26, 2026
Days on market
9
Listing agent
Travis Carpenter · Indiana Ford Realty LLC
3176453034 · michael@evermarkpg.com
Price history
First asked $379,900
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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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