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
Street view of 1456 Stormhaven Way
1 / 6
28score
New↓ $9,100
$429,900
MLS Street view
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1456 Stormhaven Way

Greenwood IN 46143 · Single Family · built 2008
5 bd2.5 ba3,746 sqft$115/sqft vs ZIP $161 −29%
0.82 lender DSCR (est.)
Rent covers the estimated payment 0.82× · 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.

29% under ZIP $/sqftprice cut 2%
The underwriting

The numbers (estimates, illustrative)

$429,900List price
$2,381Rent estimate / mo
0.82Lender DSCR (est.)
$5,159Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
28/100Deal Score

Monthly picture (illustrative)

Rent est.$2,381
− Mortgage (P&I)−$2,254
− Taxes−$430
− Insurance−$179
− HOA−$38
= Cash flow before vacancy & repairs$-520

The numbers

Price
$429,900
$ / sq ft
$115 ZIP median $161
Rent estimate
$2,381/mo HUD fair-market rent
Property taxes
$5,159/yr assumed 1.2% of price
PITIA (assumed)
$2,901/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $38/mo
Lender DSCR (est.)
0.82 rent ÷ PITIA · lender floor 1.20
Deal Score
28/100 29% under ZIP $/sqft · price cut 2%

The property

Beds / baths
5 / 2.5
Living area
3,746 sq ft
Lot
9,583 sq ft
Year built
2008
Property type
Single Family
HOA
$38/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22129596
Listed
Oct 3, 2026
Days on market
50 relisted — counted from when we first saw it
Listing agent
Van Thawng · eXp Realty, LLC
3178472841 · vanthawng@livindyrealty.com
Price history
First asked $439,000 · previously $439,000 cut $9,100
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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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