Street view of 1394 Windborne Ln
1 / 6
14score
$400,000
MLS Street view
Search photos

1394 Windborne Ln

Greenwood IN 46143 · Single Family · built 2011
5 bd3 ba2,970 sqft$135/sqft vs ZIP $161 −16%
0.89 lender DSCR (est.)
Rent covers the estimated payment 0.89× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,398/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.

16% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$400,000List price
$2,398Rent estimate / mo
0.89Lender DSCR (est.)
$4,800Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
14/100Deal Score

Monthly picture (illustrative)

Rent est.$2,398
− Mortgage (P&I)−$2,098
− Taxes−$400
− Insurance−$167
− HOA−$32
= Cash flow before vacancy & repairs$-298

The numbers

Price
$400,000
$ / sq ft
$135 ZIP median $161
Rent estimate
$2,398/mo HUD fair-market rent
Property taxes
$4,800/yr assumed 1.2% of price
PITIA (assumed)
$2,696/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $32/mo
Lender DSCR (est.)
0.89 rent ÷ PITIA · lender floor 1.20
Deal Score
14/100 16% under ZIP $/sqft

The property

Beds / baths
5 / 3
Living area
2,970 sq ft
Lot
9,148 sq ft
Year built
2011
Property type
Single Family
HOA
$32/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22125937
Listed
Sep 14, 2026
Days on market
21
Listing agent
Angela Oakes · Berkshire Hathaway HomeServices Indiana Realty
3175144695 · angilistsindy@bhhsin.com
Price history
First asked $400,000
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