1 / 6
13score
↓ $5,000
$425,000
MLS
Street view8451 Ardennes Dr
Fishers IN 46038 · Single Family · built 1993
4 bd2.5 ba2,606 sqft$163/sqft vs ZIP $186 −12%
0.81 lender DSCR (est.)
Rent covers the estimated payment 0.81× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,481/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.
12% under ZIP $/sqftprice cut 1%
The underwriting
The numbers (estimates, illustrative)
$425,000List price
$2,481Rent estimate / mo
0.81Lender DSCR (est.)
$7,548Taxes / yr · county assessor
$186ZIP median $ / sqft
13/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,481 |
| − Mortgage (P&I) | −$2,229 |
| − Taxes | −$629 |
| − Insurance | −$177 |
| − HOA | −$17 |
| = Cash flow before vacancy & repairs | $-571 |
The numbers
- Price
- $425,000
- $ / sq ft
- $163 ZIP median $186
- Rent estimate
- $2,481/mo HUD fair-market rent
- Property taxes
- $7,548/yr 2% cap on assessed value $377,400
- PITIA (assumed)
- $3,052/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $17/mo
- Lender DSCR (est.)
- 0.81 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 13/100 12% under ZIP $/sqft · price cut 1%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,606 sq ft
- Lot
- 16,553 sq ft
- Year built
- 1993
- Property type
- Single Family
- HOA
- $17/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22117048
- Listed
- Jul 30, 2026
- Days on market
- 95
- Listing agent
- Rachelle Shelly Hughes · Indy A-Team Realty
3178337718 · shelly@indyateam.com - Price history
- First asked $430,000 · previously $430,000 cut $5,000
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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.