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4score
New Construction
$470,575
MLS
Street view3093 Grand Lake Blvd
Greenwood IN 46143 · Single Family · built 2026
5 bd3.5 ba3,054 sqft$154/sqft vs ZIP $161 −4%
0.75 lender DSCR (est.)
Rent covers the estimated payment 0.75× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,398/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.
The underwriting
The numbers (estimates, illustrative)
$470,575List price
$2,398Rent estimate / mo
0.75Lender DSCR (est.)
$5,647Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
4/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,398 |
| − Mortgage (P&I) | −$2,468 |
| − Taxes | −$471 |
| − Insurance | −$196 |
| − HOA | −$52 |
| = Cash flow before vacancy & repairs | $-788 |
The numbers
- Price
- $470,575
- $ / sq ft
- $154 ZIP median $161
- Rent estimate
- $2,398/mo HUD fair-market rent
- Property taxes
- $5,647/yr assumed 1.2% of price
- PITIA (assumed)
- $3,186/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $52/mo
- Lender DSCR (est.)
- 0.75 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 4/100
The property
- Beds / baths
- 5 / 3.5
- Living area
- 3,054 sq ft
- Lot
- 8,712 sq ft
- Year built
- 2026
- Property type
- Single Family
- HOA
- $52/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- New Construction
- MLS #
- 22127757
- Listed
- Sep 25, 2026
- Days on market
- 10
- Listing agent
- Erin M. Hundley · Compass of Indiana, LLC
3174300866 · erin.hundley@compass.com - Price history
- First asked $470,575
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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.