1 / 6
25score
$400,000
MLS
Street view3048 Reflection Ct
Greenwood IN 46143 · Single Family · built 2008
4 bd3 ba3,502 sqft$114/sqft vs ZIP $162 −29%
0.87 lender DSCR (est.)
Rent covers the estimated payment 0.87× · 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.
29% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$400,000List price
$2,331Rent estimate / mo
0.87Lender DSCR (est.)
$4,800Taxes / yr · assumed 1.2%
$162ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,331 |
| − Mortgage (P&I) | −$2,098 |
| − Taxes | −$400 |
| − Insurance | −$167 |
| = Cash flow before vacancy & repairs | $-333 |
The numbers
- Price
- $400,000
- $ / sq ft
- $114 ZIP median $162
- Rent estimate
- $2,331/mo HUD fair-market rent
- Property taxes
- $4,800/yr assumed 1.2% of price
- PITIA (assumed)
- $2,664/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.87 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 25/100 29% under ZIP $/sqft
The property
- Beds / baths
- 4 / 3
- Living area
- 3,502 sq ft
- Lot
- 13,068 sq ft
- Year built
- 2008
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22132785
- Listed
- Oct 21, 2026
- Days on market
- 13
- Listing agent
- Dashawn Tharpe · eXp Realty, LLC
3173991515 · dashawn_tharpe@mail.lofty.me - Price history
- First asked $400,000
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.