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Street view of 201 Academy St
1 / 6
42score
↓ $15,000
$310,000
MLS Street view
Search photos

201 Academy St

Greenwood IN 46143 · Single Family · built 1900
5 bd3 ba2,386 sqft$130/sqft vs ZIP $161 −19%
1.15 lender DSCR (est.)
Rent covers the estimated payment 1.15× · 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.

19% under ZIP $/sqftprice cut 5%
The underwriting

The numbers (estimates, illustrative)

$310,000List price
$2,381Rent estimate / mo
1.15Lender DSCR (est.)
$3,720Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
42/100Deal Score

Monthly picture (illustrative)

Rent est.$2,381
− Mortgage (P&I)−$1,626
− Taxes−$310
− Insurance−$129
= Cash flow before vacancy & repairs$316

The numbers

Price
$310,000
$ / sq ft
$130 ZIP median $161
Rent estimate
$2,381/mo HUD fair-market rent
Property taxes
$3,720/yr assumed 1.2% of price
PITIA (assumed)
$2,065/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.15 rent ÷ PITIA · lender floor 1.20
Deal Score
42/100 19% under ZIP $/sqft · price cut 5%

The property

Beds / baths
5 / 3
Living area
2,386 sq ft
Lot
9,148 sq ft
Year built
1900
Property type
Single Family
HOA
None on record
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22117253
Listed
Jul 30, 2026
Days on market
67
Listing agent
Salai Lungngam · CrossRoads Link Realty
3175035844 · palungrealestate@gmail.com
Price history
First asked $325,000 · previously $325,000 cut $15,000
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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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