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 15038 Swallow Falls Way
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4score
New↓ $5,000New Construction
$319,295
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15038 Swallow Falls Way

Fishers IN 46037 · Townhouse · built 2026
3 bd2 ba1,793 sqft$178/sqft vs ZIP $175 +2%
0.92 lender DSCR (est.)
Rent covers the estimated payment 0.92× · walk-away floor 1.20 · low 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 assumed at 1.2% of price. Assumptions as of 2026-09-12.

price cut 2%
The underwriting

The numbers (estimates, illustrative)

$319,295List price
$2,114Rent estimate / mo
0.92Lender DSCR (est.)
$3,832Taxes / yr · assumed 1.2%
$175ZIP median $ / sqft
4/100Deal Score

Monthly picture (illustrative)

Rent est.$2,114
− Mortgage (P&I)−$1,674
− Taxes−$319
− Insurance−$133
− HOA−$170
= Cash flow before vacancy & repairs$-183

The numbers

Price
$319,295
$ / sq ft
$178 ZIP median $175
Rent estimate
$2,114/mo HUD fair-market rent
Property taxes
$3,832/yr assumed 1.2% of price
PITIA (assumed)
$2,297/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $170/mo
Lender DSCR (est.)
0.92 rent ÷ PITIA · lender floor 1.20
Deal Score
4/100 price cut 2%

The property

Beds / baths
3 / 2
Living area
1,793 sq ft
Lot
2,178 sq ft
Year built
2026
Property type
Townhouse
HOA
$170/mo
Flood zone
X
Registered rental
No

The listing

Source
New Construction
MLS #
—
Listed
Oct 2, 2026
Days on market
49 relisted — counted from when we first saw it
Listing agent
Not on the feed — use the official listing link
Price history
First asked $324,295 · previously $324,295 cut $5,000
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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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