Last confirmed active 19 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 907 Fairway Dr
1 / 6
0score
$347,500
MLS Street view
Search photos

907 Fairway Dr

Indianapolis IN 46260 · Single Family · built 1960
3 bd1.5 ba1,875 sqft$185/sqft vs ZIP $172 +8%
0.69 lender DSCR (est.)
Rent covers the estimated payment 0.69× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,630/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)

$347,500List price
$1,630Rent estimate / mo
0.69Lender DSCR (est.)
$4,926Taxes / yr · county assessor
$172ZIP median $ / sqft
0/100Deal Score

Monthly picture (illustrative)

Rent est.$1,630
− Mortgage (P&I)−$1,822
− Taxes−$411
− Insurance−$145
= Cash flow before vacancy & repairs$-748

The numbers

Price
$347,500
$ / sq ft
$185 ZIP median $172
Rent estimate
$1,630/mo HUD fair-market rent
Property taxes
$4,926/yr 2% cap on assessed value $246,300
PITIA (assumed)
$2,378/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.69 rent ÷ PITIA · lender floor 1.20
Deal Score
0/100

The property

Beds / baths
3 / 1.5
Living area
1,875 sq ft
Lot
24,394 sq ft
Year built
1960
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22077440
Listed
Feb 27, 2026
Days on market
218
Listing agent
Tim Clinch · F.C. Tucker Company - Keystone at the Crossing
3172596000 · tclinch@talktotucker.com
Price history
First asked $347,500
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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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