Street view of 9013 Mercer Dr
1 / 6
31score
New
$329,900
MLS Street view
Search photos

9013 Mercer Dr

Fishers IN 46038 · Condo · built 2005
3 bd3.5 ba2,562 sqft$129/sqft vs ZIP $190 −32%
0.91 lender DSCR (est.)
Rent covers the estimated payment 0.91× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,098/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.

32% under ZIP $/sqftnew this week
The underwriting

The numbers (estimates, illustrative)

$329,900List price
$2,098Rent estimate / mo
0.91Lender DSCR (est.)
$3,959Taxes / yr · assumed 1.2%
$190ZIP median $ / sqft
31/100Deal Score

Monthly picture (illustrative)

Rent est.$2,098
− Mortgage (P&I)−$1,730
− Taxes−$330
− Insurance−$137
− HOA−$113
= Cash flow before vacancy & repairs$-212

The numbers

Price
$329,900
$ / sq ft
$129 ZIP median $190
Rent estimate
$2,098/mo HUD fair-market rent
Property taxes
$3,959/yr assumed 1.2% of price
PITIA (assumed)
$2,310/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $113/mo
Lender DSCR (est.)
0.91 rent ÷ PITIA · lender floor 1.20
Deal Score
31/100 32% under ZIP $/sqft · new this week

The property

Beds / baths
3 / 3.5
Living area
2,562 sq ft
Lot
192 sq ft
Year built
2005
Property type
Condo
HOA
$113/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22129208
Listed
Oct 2, 2026
Days on market
3
Listing agent
Jeffrey M Kucic · Engel & Volkers
3177105500 · jeff.kucic@evrealestate.com
Price history
First asked $329,900
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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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