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37score
New
$245,000
MLS
Street view1255 N Franklin Rd
Greenwood IN 46143 · Single Family · built 1980
3 bd2 ba1,780 sqft$138/sqft vs ZIP $161 −15%
1.21 lender DSCR (est.)
Rent covers the estimated payment 1.21× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,967/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.
DSCR 1.2114% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$245,000List price
$1,967Rent estimate / mo
1.21Lender DSCR (est.)
$2,940Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
37/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,967 |
| − Mortgage (P&I) | −$1,285 |
| − Taxes | −$245 |
| − Insurance | −$102 |
| = Cash flow before vacancy & repairs | $335 |
The numbers
- Price
- $245,000
- $ / sq ft
- $138 ZIP median $161
- Rent estimate
- $1,967/mo HUD fair-market rent
- Property taxes
- $2,940/yr assumed 1.2% of price
- PITIA (assumed)
- $1,632/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.21 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 37/100 DSCR 1.21 · 14% under ZIP $/sqft · new this week
The property
- Beds / baths
- 3 / 2
- Living area
- 1,780 sq ft
- Lot
- 87,120 sq ft
- Year built
- 1980
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22128723
- Listed
- Oct 1, 2026
- Days on market
- 3
- Listing agent
- Teddy Conn · Exp Realty, LLC
4634655632 · teddy@connrealtygroup.com - Price history
- First asked $245,000
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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.