Street view of 1205 Elm Grove Way
1 / 6
24score
New
$415,000
MLS Street view
Search photos

1205 Elm Grove Way

Greenwood IN 46143 · Single Family · built 1999
3 bd3.5 ba3,321 sqft$125/sqft vs ZIP $162 −23%
0.69 lender DSCR (est.)
Rent covers the estimated payment 0.69× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,912/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.

23% under ZIP $/sqftnew this week
The underwriting

The numbers (estimates, illustrative)

$415,000List price
$1,912Rent estimate / mo
0.69Lender DSCR (est.)
$4,980Taxes / yr · assumed 1.2%
$162ZIP median $ / sqft
24/100Deal Score

Monthly picture (illustrative)

Rent est.$1,912
− Mortgage (P&I)−$2,176
− Taxes−$415
− Insurance−$173
− HOA−$21
= Cash flow before vacancy & repairs$-873

The numbers

Price
$415,000
$ / sq ft
$125 ZIP median $162
Rent estimate
$1,912/mo HUD fair-market rent
Property taxes
$4,980/yr assumed 1.2% of price
PITIA (assumed)
$2,785/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $21/mo
Lender DSCR (est.)
0.69 rent ÷ PITIA · lender floor 1.20
Deal Score
24/100 23% under ZIP $/sqft · new this week

The property

Beds / baths
3 / 3.5
Living area
3,321 sq ft
Lot
16,117 sq ft
Year built
1999
Property type
Single Family
HOA
$21/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22133616
Listed
Oct 27, 2026
Days on market
7
Listing agent
Jill Curtis · F.C. Tucker Company - Fishers/Geist
3178418880 · jcurtis@talktotucker.com
Price history
First asked $415,000
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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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