Last confirmed active 18 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
10score
↓ $17,000
$318,000
MLS
Street view1392 Heron Ridge Blvd
Greenwood IN 46143 · Condo · built 2000
2 bd2 ba1,635 sqft$194/sqft vs ZIP $161 +21%
0.60 lender DSCR (est.)
Rent covers the estimated payment 0.60× · 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 5%
The underwriting
The numbers (estimates, illustrative)
$318,000List price
$1,509Rent estimate / mo
0.60Lender DSCR (est.)
$3,816Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,509 |
| − Mortgage (P&I) | −$1,668 |
| − Taxes | −$318 |
| − Insurance | −$133 |
| − HOA | −$400 |
| = Cash flow before vacancy & repairs | $-1,009 |
The numbers
- Price
- $318,000
- $ / sq ft
- $194 ZIP median $161
- Rent estimate
- $1,509/mo HUD fair-market rent
- Property taxes
- $3,816/yr assumed 1.2% of price
- PITIA (assumed)
- $2,518/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $400/mo
- Lender DSCR (est.)
- 0.60 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 5%
The property
- Beds / baths
- 2 / 2
- Living area
- 1,635 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 #
- 22120511
- Listed
- Aug 28, 2026
- Days on market
- 38
- Listing agent
- Tiare Smith · F.C. Tucker Company
7202177456 · tiare.smith@talktotucker.com - Price history
- First asked $335,000 · previously $335,000 cut $17,000
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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.