Street view of 14027 Waterway Blvd
1 / 6
5score
New
$1,650,000
MLS Street view
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14027 Waterway Blvd

Fishers IN 46040 · Single Family · built 2003
5 bd6 ba5,724 sqft$288/sqft vs ZIP $184 +57%
0.18 lender DSCR (est.)
Rent covers the estimated payment 0.18× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,015/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.

new this week
The underwriting

The numbers (estimates, illustrative)

$1,650,000List price
$2,015Rent estimate / mo
0.18Lender DSCR (est.)
$24,010Taxes / yr · county assessor
$184ZIP median $ / sqft
5/100Deal Score

Monthly picture (illustrative)

Rent est.$2,015
− Mortgage (P&I)−$8,653
− Taxes−$2,001
− Insurance−$688
− HOA−$54
= Cash flow before vacancy & repairs$-9,380

The numbers

Price
$1,650,000
$ / sq ft
$288 ZIP median $184
Rent estimate
$2,015/mo HUD fair-market rent
Property taxes
$24,010/yr 2% cap on assessed value $1,200,500
PITIA (assumed)
$11,395/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $54/mo
Lender DSCR (est.)
0.18 rent ÷ PITIA · lender floor 1.20
Deal Score
5/100 new this week

The property

Beds / baths
5 / 6
Living area
5,724 sq ft
Lot
31,799 sq ft
Year built
2003
Property type
Single Family
HOA
$54/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22133408
Listed
Oct 27, 2026
Days on market
7
Listing agent
Wise Meighan · Keller Williams Indpls Metro N
3179370134 · meighanwise@gmail.com
Price history
First asked $1,650,000
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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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