1 / 6
19score
↓ $5,100
$374,900
MLS
Street view2560 Lanai Ln
Greenwood IN 46143 · Single Family · built 2021
3 bd2 ba2,862 sqft$131/sqft vs ZIP $162 −19%
0.74 lender DSCR (est.)
Rent covers the estimated payment 0.74× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,912/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 1%
The underwriting
The numbers (estimates, illustrative)
$374,900List price
$1,912Rent estimate / mo
0.74Lender DSCR (est.)
$4,499Taxes / yr · assumed 1.2%
$162ZIP median $ / sqft
19/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,912 |
| − Mortgage (P&I) | −$1,966 |
| − Taxes | −$375 |
| − Insurance | −$156 |
| − HOA | −$100 |
| = Cash flow before vacancy & repairs | $-685 |
The numbers
- Price
- $374,900
- $ / sq ft
- $131 ZIP median $162
- Rent estimate
- $1,912/mo HUD fair-market rent
- Property taxes
- $4,499/yr assumed 1.2% of price
- PITIA (assumed)
- $2,597/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $100/mo
- Lender DSCR (est.)
- 0.74 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 19/100 19% under ZIP $/sqft · price cut 1%
The property
- Beds / baths
- 3 / 2
- Living area
- 2,862 sq ft
- Lot
- 9,583 sq ft
- Year built
- 2021
- Property type
- Single Family
- HOA
- $100/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22129757
- Listed
- Oct 5, 2026
- Days on market
- 29
- Listing agent
- Van Thawng · eXp Realty, LLC
3178472841 · vanthawng@livindyrealty.com - Price history
- First asked $380,000 · previously $380,000 cut $5,100
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.