Street view of 3037 Grand Ridge Dr
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15score
NewNew Construction
$435,380
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3037 Grand Ridge Dr

Greenwood IN 46143 · Single Family
5 bd3.5 ba3,054 sqft$143/sqft vs ZIP $162 −12%
0.80 lender DSCR (est.)
Rent covers the estimated payment 0.80× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $2,331/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.

12% under ZIP $/sqftnew this week
The underwriting

The numbers (estimates, illustrative)

$435,380List price
$2,331Rent estimate / mo
0.80Lender DSCR (est.)
$5,225Taxes / yr · assumed 1.2%
$162ZIP median $ / sqft
15/100Deal Score

Monthly picture (illustrative)

Rent est.$2,331
− Mortgage (P&I)−$2,283
− Taxes−$435
− Insurance−$181
= Cash flow before vacancy & repairs$-569

The numbers

Price
$435,380
$ / sq ft
$143 ZIP median $162
Rent estimate
$2,331/mo HUD fair-market rent
Property taxes
$5,225/yr assumed 1.2% of price
PITIA (assumed)
$2,900/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.80 rent ÷ PITIA · lender floor 1.20
Deal Score
15/100 12% under ZIP $/sqft · new this week

The property

Beds / baths
5 / 3.5
Living area
3,054 sq ft
Lot
—
Year built
—
Property type
Single Family
HOA
None on record
Flood zone
—
Registered rental
—

The listing

Source
New Construction
MLS #
—
Listed
Oct 31, 2026
Days on market
3
Listing agent
Not on the feed — use the official listing link
Price history
First asked $435,380
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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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