Street view of 1986 Mccormick Dr
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0score
$570,000
MLS Street view
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1986 Mccormick Dr

Greenwood IN 46143 · Single Family · built 2022
5 bd3.5 ba3,529 sqft$162/sqft vs ZIP $161 −0%
0.62 lender DSCR (est.)
Rent covers the estimated payment 0.62× · 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.

The underwriting

The numbers (estimates, illustrative)

$570,000List price
$2,398Rent estimate / mo
0.62Lender DSCR (est.)
$6,840Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
0/100Deal Score

Monthly picture (illustrative)

Rent est.$2,398
− Mortgage (P&I)−$2,989
− Taxes−$570
− Insurance−$238
− HOA−$53
= Cash flow before vacancy & repairs$-1,452

The numbers

Price
$570,000
$ / sq ft
$162 ZIP median $161
Rent estimate
$2,398/mo HUD fair-market rent
Property taxes
$6,840/yr assumed 1.2% of price
PITIA (assumed)
$3,850/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $53/mo
Lender DSCR (est.)
0.62 rent ÷ PITIA · lender floor 1.20
Deal Score
0/100

The property

Beds / baths
5 / 3.5
Living area
3,529 sq ft
Lot
9,583 sq ft
Year built
2022
Property type
Single Family
HOA
$53/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22092451
Listed
Mar 31, 2026
Days on market
188
Listing agent
Harjot Suri · Midland Realty Group, Inc.
3177799274 · harjotrealestates@gmail.com
Price history
First asked $570,000
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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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