Last confirmed active 17 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
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10score
New↓ $31,300New Construction
$518,580
Triad
Street view3137 Grand Lake Blvd
Greenwood IN 46143 · Single Family
5 bd3 ba3,221 sqft$161/sqft vs ZIP $161 −0%
0.69 lender DSCR (est.)
Rent covers the estimated payment 0.69× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,381/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.
price cut 6%
The underwriting
The numbers (estimates, illustrative)
$518,580List price
$2,381Rent estimate / mo
0.69Lender DSCR (est.)
$6,223Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,381 |
| − Mortgage (P&I) | −$2,719 |
| − Taxes | −$519 |
| − Insurance | −$216 |
| = Cash flow before vacancy & repairs | $-1,073 |
The numbers
- Price
- $518,580
- $ / sq ft
- $161 ZIP median $161
- Rent estimate
- $2,381/mo HUD fair-market rent
- Property taxes
- $6,223/yr assumed 1.2% of price
- PITIA (assumed)
- $3,454/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.69 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 6%
The property
- Beds / baths
- 5 / 3
- Living area
- 3,221 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 3, 2026
- Days on market
- 49 relisted — counted from when we first saw it
- Listing agent
- Not on the feed — use the official listing link
- Price history
- First asked $549,880 · previously $549,880 cut $31,300
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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.