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23score
New
$415,000
MLS
Street view298 Pennswood Rd
Greenwood IN 46142 · Single Family · built 2001
4 bd2 ba3,133 sqft$132/sqft vs ZIP $168 −21%
0.65 lender DSCR (est.)
Rent covers the estimated payment 0.65× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,809/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 $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$415,000List price
$1,809Rent estimate / mo
0.65Lender DSCR (est.)
$4,980Taxes / yr · assumed 1.2%
$168ZIP median $ / sqft
23/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,809 |
| − Mortgage (P&I) | −$2,176 |
| − Taxes | −$415 |
| − Insurance | −$173 |
| − HOA | −$19 |
| = Cash flow before vacancy & repairs | $-974 |
The numbers
- Price
- $415,000
- $ / sq ft
- $132 ZIP median $168
- Rent estimate
- $1,809/mo HUD fair-market rent
- Property taxes
- $4,980/yr assumed 1.2% of price
- PITIA (assumed)
- $2,783/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $19/mo
- Lender DSCR (est.)
- 0.65 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 23/100 21% under ZIP $/sqft · new this week
The property
- Beds / baths
- 4 / 2
- Living area
- 3,133 sq ft
- Lot
- 12,197 sq ft
- Year built
- 2001
- Property type
- Single Family
- HOA
- $19/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22134255
- Listed
- Oct 30, 2026
- Days on market
- 4
- Listing agent
- Roger Webb
3173323105 · webb4homes@gmail.com - Price history
- First asked $415,000
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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.