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0score
$255,000
MLS
Street view581 Conner Creek Dr
Fishers IN 46038 · Condo · built 1984
2 bd1.5 ba1,143 sqft$223/sqft vs ZIP $190 +17%
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.)
$4,080Taxes / yr · county assessor
$190ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,606 |
| − Mortgage (P&I) | −$1,337 |
| − Taxes | −$340 |
| − Insurance | −$106 |
| − HOA | −$332 |
| = Cash flow before vacancy & repairs | $-509 |
The numbers
- Price
- $255,000
- $ / sq ft
- $223 ZIP median $190
- Rent estimate
- $1,606/mo HUD fair-market rent
- Property taxes
- $4,080/yr 2% cap on assessed value $204,000
- PITIA (assumed)
- $2,115/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $332/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
- 1,143 sq ft
- Lot
- 1,742 sq ft
- Year built
- 1984
- Property type
- Condo
- HOA
- $332/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22119905
- Listed
- Aug 19, 2026
- Days on market
- 47
- Listing agent
- Cynthia Yosha-snyder · F.C. Tucker Company
3178444200 · cynthia@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.