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 517 Conner Creek Dr
1 / 6
0score
$255,000
MLS Street view
Search photos

517 Conner Creek Dr

Fishers IN 46038 · Condo · built 1983
2 bd1.5 ba1,071 sqft$238/sqft vs ZIP $190 +25%
0.76 lender DSCR (est.)
Rent covers the estimated payment 0.76× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,606/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.

The underwriting

The numbers (estimates, illustrative)

$255,000List price
$1,606Rent estimate / mo
0.76Lender DSCR (est.)
$3,980Taxes / yr · county assessor
$190ZIP median $ / sqft
0/100Deal Score

Monthly picture (illustrative)

Rent est.$1,606
− Mortgage (P&I)−$1,337
− Taxes−$332
− Insurance−$106
− HOA−$335
= Cash flow before vacancy & repairs$-504

The numbers

Price
$255,000
$ / sq ft
$238 ZIP median $190
Rent estimate
$1,606/mo HUD fair-market rent
Property taxes
$3,980/yr 2% cap on assessed value $199,000
PITIA (assumed)
$2,110/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $335/mo
Lender DSCR (est.)
0.76 rent ÷ PITIA · lender floor 1.20
Deal Score
0/100

The property

Beds / baths
2 / 1.5
Living area
1,071 sq ft
Lot
1,307 sq ft
Year built
1983
Property type
Condo
HOA
$335/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22123688
Listed
Sep 1, 2026
Days on market
34
Listing agent
Timeko Whitaker · F.C. Tucker Company - Fishers/Geist
3177109533 · timeko.whitaker@talktotucker.com
Price history
First asked $255,000
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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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