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
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17score
↓ $15,000
$509,900
MLS
Street view16386 Sedalia Dr
Fishers IN 46040 · Single Family · built 2019
5 bd3.5 ba3,104 sqft$164/sqft vs ZIP $190 −14%
0.56 lender DSCR (est.)
Rent covers the estimated payment 0.56× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,058/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.
13% under ZIP $/sqftprice cut 3%
The underwriting
The numbers (estimates, illustrative)
$509,900List price
$2,058Rent estimate / mo
0.56Lender DSCR (est.)
$8,494Taxes / yr · county assessor
$190ZIP median $ / sqft
17/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,058 |
| − Mortgage (P&I) | −$2,674 |
| − Taxes | −$708 |
| − Insurance | −$212 |
| − HOA | −$54 |
| = Cash flow before vacancy & repairs | $-1,590 |
The numbers
- Price
- $509,900
- $ / sq ft
- $164 ZIP median $190
- Rent estimate
- $2,058/mo HUD fair-market rent
- Property taxes
- $8,494/yr 2% cap on assessed value $424,700
- PITIA (assumed)
- $3,648/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $54/mo
- Lender DSCR (est.)
- 0.56 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 17/100 13% under ZIP $/sqft · price cut 3%
The property
- Beds / baths
- 5 / 3.5
- Living area
- 3,104 sq ft
- Lot
- 8,276 sq ft
- Year built
- 2019
- Property type
- Single Family
- HOA
- $54/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22111237
- Listed
- Jul 2, 2026
- Days on market
- 95
- Listing agent
- Jeffrey Cummings · RE/MAX Complete
3173704664 · jcummings@gotocomplete.com - Price history
- First asked $524,900 · previously $524,900 cut $15,000
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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.