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 1500 Pencross Ln
1 / 6
43score
↓ $29,000
$255,000
MLS Street view
Search photos

1500 Pencross Ln

Greenwood IN 46143 · Single Family · built 2008
3 bd2.5 ba2,008 sqft$127/sqft vs ZIP $161 −21%
1.14 lender DSCR (est.)
Rent covers the estimated payment 1.14× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,953/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.

21% under ZIP $/sqftprice cut 11%
The underwriting

The numbers (estimates, illustrative)

$255,000List price
$1,953Rent estimate / mo
1.14Lender DSCR (est.)
$3,060Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
43/100Deal Score

Monthly picture (illustrative)

Rent est.$1,953
− Mortgage (P&I)−$1,337
− Taxes−$255
− Insurance−$106
− HOA−$17
= Cash flow before vacancy & repairs$238

The numbers

Price
$255,000
$ / sq ft
$127 ZIP median $161
Rent estimate
$1,953/mo HUD fair-market rent
Property taxes
$3,060/yr assumed 1.2% of price
PITIA (assumed)
$1,715/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $17/mo
Lender DSCR (est.)
1.14 rent ÷ PITIA · lender floor 1.20
Deal Score
43/100 21% under ZIP $/sqft · price cut 11%

The property

Beds / baths
3 / 2.5
Living area
2,008 sq ft
Lot
4,792 sq ft
Year built
2008
Property type
Single Family
HOA
$17/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22117523
Listed
Aug 1, 2026
Days on market
65
Listing agent
Mabel Liu · Myl Realty, Llc
3176529508 · mabel.liu@gmail.com
Price history
First asked $284,000 · previously $284,000 cut $29,000
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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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