Last confirmed active 18 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 7475 Wood Ct
1 / 6
9score
↓ $15,000
$324,900
MLS Street view
Search photos

7475 Wood Ct

Fishers IN 46038 · Single Family · built 1990
3 bd2.5 ba1,561 sqft$208/sqft vs ZIP $190 +10%
0.88 lender DSCR (est.)
Rent covers the estimated payment 0.88× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,082/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.

price cut 5%
The underwriting

The numbers (estimates, illustrative)

$324,900List price
$2,082Rent estimate / mo
0.88Lender DSCR (est.)
$6,112Taxes / yr · county assessor
$190ZIP median $ / sqft
9/100Deal Score

Monthly picture (illustrative)

Rent est.$2,082
− Mortgage (P&I)−$1,704
− Taxes−$509
− Insurance−$135
− HOA−$21
= Cash flow before vacancy & repairs$-288

The numbers

Price
$324,900
$ / sq ft
$208 ZIP median $190
Rent estimate
$2,082/mo HUD fair-market rent
Property taxes
$6,112/yr 2% cap on assessed value $305,600
PITIA (assumed)
$2,370/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $21/mo
Lender DSCR (est.)
0.88 rent ÷ PITIA · lender floor 1.20
Deal Score
9/100 price cut 5%

The property

Beds / baths
3 / 2.5
Living area
1,561 sq ft
Lot
5,663 sq ft
Year built
1990
Property type
Single Family
HOA
$21/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22120037
Listed
Aug 13, 2026
Days on market
53
Listing agent
Mike Jones · REMAX ONE
3172054800 · mike@mikejonessellshomes.com
Price history
First asked $339,900 · previously $339,900 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.

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