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0score
$975,000
MLS
Street view16240 Burnt Rock Ln
Fishers IN 46040 · Single Family · built 2021
4 bd3.5 ba2,824 sqft$345/sqft vs ZIP $190 +82%
0.32 lender DSCR (est.)
Rent covers the estimated payment 0.32× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,073/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.
The underwriting
The numbers (estimates, illustrative)
$975,000List price
$2,073Rent estimate / mo
0.32Lender DSCR (est.)
$11,700Taxes / yr · assumed 1.2%
$190ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,073 |
| − Mortgage (P&I) | −$5,113 |
| − Taxes | −$975 |
| − Insurance | −$406 |
| − HOA | −$67 |
| = Cash flow before vacancy & repairs | $-4,488 |
The numbers
- Price
- $975,000
- $ / sq ft
- $345 ZIP median $190
- Rent estimate
- $2,073/mo HUD fair-market rent
- Property taxes
- $11,700/yr assumed 1.2% of price
- PITIA (assumed)
- $6,561/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $67/mo
- Lender DSCR (est.)
- 0.32 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 4 / 3.5
- Living area
- 2,824 sq ft
- Lot
- 26,572 sq ft
- Year built
- 2021
- Property type
- Single Family
- HOA
- $67/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22122937
- Listed
- Sep 8, 2026
- Days on market
- 27
- Listing agent
- Hilda Rives-princell · F.C. Tucker Company - Fishers/Geist
3178418880 · hildashomes@gmail.com - Price history
- First asked $975,000
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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.