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
Street view of 1402 Hove Dr
1 / 6
21score
New Construction
$599,000
MLS Street view
Search photos

1402 Hove Dr

Greenwood IN 46143 · Single Family · built 2022
4 bd2.5 ba5,002 sqft$120/sqft vs ZIP $161 −26%
0.59 lender DSCR (est.)
Rent covers the estimated payment 0.59× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,381/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.

26% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$599,000List price
$2,381Rent estimate / mo
0.59Lender DSCR (est.)
$7,188Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
21/100Deal Score

Monthly picture (illustrative)

Rent est.$2,381
− Mortgage (P&I)−$3,141
− Taxes−$599
− Insurance−$250
− HOA−$53
= Cash flow before vacancy & repairs$-1,662

The numbers

Price
$599,000
$ / sq ft
$120 ZIP median $161
Rent estimate
$2,381/mo HUD fair-market rent
Property taxes
$7,188/yr assumed 1.2% of price
PITIA (assumed)
$4,043/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $53/mo
Lender DSCR (est.)
0.59 rent ÷ PITIA · lender floor 1.20
Deal Score
21/100 26% under ZIP $/sqft

The property

Beds / baths
4 / 2.5
Living area
5,002 sq ft
Lot
15,682 sq ft
Year built
2022
Property type
Single Family
HOA
$53/mo
Flood zone
—
Registered rental
—

The listing

Source
New Construction
MLS #
22099739
Listed
May 4, 2026
Days on market
154
Listing agent
Beenu Sikand · Legacy Homes International
3176701055 · bsikand@yahoo.com
Price history
First asked $599,000
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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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