Street view of 117 Orchard Ln
1 / 6
25score
$300,000
MLS Street view
Search photos

117 Orchard Ln

Greenwood IN 46142 · Single Family · built 1949
3 bd2.5 ba3,161 sqft$95/sqft vs ZIP $168 −44%
0.76 lender DSCR (est.)
Rent covers the estimated payment 0.76× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,528/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.

44% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$300,000List price
$1,528Rent estimate / mo
0.76Lender DSCR (est.)
$3,600Taxes / yr · assumed 1.2%
$168ZIP median $ / sqft
25/100Deal Score

Monthly picture (illustrative)

Rent est.$1,528
− Mortgage (P&I)−$1,573
− Taxes−$300
− Insurance−$125
= Cash flow before vacancy & repairs$-470

The numbers

Price
$300,000
$ / sq ft
$95 ZIP median $168
Rent estimate
$1,528/mo HUD fair-market rent
Property taxes
$3,600/yr assumed 1.2% of price
PITIA (assumed)
$1,998/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.76 rent ÷ PITIA · lender floor 1.20
Deal Score
25/100 44% under ZIP $/sqft

The property

Beds / baths
3 / 2.5
Living area
3,161 sq ft
Lot
10,890 sq ft
Year built
1949
Property type
Single Family
HOA
None on record
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22118093
Listed
Aug 14, 2026
Days on market
51
Listing agent
Ross Graham · Epique Inc
3178000950 · justingraham@kw.com
Price history
First asked $300,000
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad