Last confirmed active 17 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
3score
↓ $5,000
$309,900
MLS
Street view1370 Heron Ridge Blvd
Greenwood IN 46143 · Condo · built 2000
2 bd2 ba1,347 sqft$230/sqft vs ZIP $161 +43%
0.61 lender DSCR (est.)
Rent covers the estimated payment 0.61× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,509/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.
price cut 2%
The underwriting
The numbers (estimates, illustrative)
$309,900List price
$1,509Rent estimate / mo
0.61Lender DSCR (est.)
$3,719Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
3/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,509 |
| − Mortgage (P&I) | −$1,625 |
| − Taxes | −$310 |
| − Insurance | −$129 |
| − HOA | −$400 |
| = Cash flow before vacancy & repairs | $-955 |
The numbers
- Price
- $309,900
- $ / sq ft
- $230 ZIP median $161
- Rent estimate
- $1,509/mo HUD fair-market rent
- Property taxes
- $3,719/yr assumed 1.2% of price
- PITIA (assumed)
- $2,464/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $400/mo
- Lender DSCR (est.)
- 0.61 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 3/100 price cut 2%
The property
- Beds / baths
- 2 / 2
- Living area
- 1,347 sq ft
- Lot
- 5,663 sq ft
- Year built
- 2000
- Property type
- Condo
- HOA
- $400/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22096361
- Listed
- Apr 19, 2026
- Days on market
- 169
- Listing agent
- Jeff Sauter · Sunrise Real Estate
3174406955 · sauterwillsellit@gmail.com - Price history
- First asked $314,900 · previously $314,900 cut $5,000
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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.