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
Street view of 13971 Meadow Lake Dr
1 / 6
24score
↓ $10,000
$354,900
MLS Street view
Search photos

13971 Meadow Lake Dr

Fishers IN 46038 · Single Family · built 2003
3 bd2.5 ba2,399 sqft$148/sqft vs ZIP $190 −22%
0.82 lender DSCR (est.)
Rent covers the estimated payment 0.82× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,082/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.

22% under ZIP $/sqftprice cut 3%
The underwriting

The numbers (estimates, illustrative)

$354,900List price
$2,082Rent estimate / mo
0.82Lender DSCR (est.)
$5,922Taxes / yr · county assessor
$190ZIP median $ / sqft
24/100Deal Score

Monthly picture (illustrative)

Rent est.$2,082
− Mortgage (P&I)−$1,861
− Taxes−$494
− Insurance−$148
− HOA−$44
= Cash flow before vacancy & repairs$-465

The numbers

Price
$354,900
$ / sq ft
$148 ZIP median $190
Rent estimate
$2,082/mo HUD fair-market rent
Property taxes
$5,922/yr 2% cap on assessed value $296,100
PITIA (assumed)
$2,547/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $44/mo
Lender DSCR (est.)
0.82 rent ÷ PITIA · lender floor 1.20
Deal Score
24/100 22% under ZIP $/sqft · price cut 3%

The property

Beds / baths
3 / 2.5
Living area
2,399 sq ft
Lot
9,148 sq ft
Year built
2003
Property type
Single Family
HOA
$44/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22113637
Listed
Jul 17, 2026
Days on market
80
Listing agent
Oksana Minkevych · Trueblood Real Estate
3173322561 · oksana0528@yahoo.com
Price history
First asked $364,900 · previously $364,900 cut $10,000
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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.

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