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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28score
$124,900
MLS
Street view315 Elmead Ct
Greenwood IN 46142 · Condo · built 1968
2 bd1 ba988 sqft$126/sqft vs ZIP $168 −25%
1.01 lender DSCR (est.)
Rent covers the estimated payment 1.01× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,170/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.
25% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$124,900List price
$1,170Rent estimate / mo
1.01Lender DSCR (est.)
$1,499Taxes / yr · assumed 1.2%
$168ZIP median $ / sqft
28/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,170 |
| − Mortgage (P&I) | −$655 |
| − Taxes | −$125 |
| − Insurance | −$52 |
| − HOA | −$325 |
| = Cash flow before vacancy & repairs | $13 |
The numbers
- Price
- $124,900
- $ / sq ft
- $126 ZIP median $168
- Rent estimate
- $1,170/mo HUD fair-market rent
- Property taxes
- $1,499/yr assumed 1.2% of price
- PITIA (assumed)
- $1,157/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $325/mo
- Lender DSCR (est.)
- 1.01 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 28/100 25% under ZIP $/sqft
The property
- Beds / baths
- 2 / 1
- Living area
- 988 sq ft
- Lot
- 871 sq ft
- Year built
- 1968
- Property type
- Condo
- HOA
- $325/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22120597
- Listed
- Aug 17, 2026
- Days on market
- 49
- Listing agent
- Kolby Smethers · F.C. Tucker Company - Fishers/Geist
7656399750 · kolby@talktotucker.com - Price history
- First asked $124,900
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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.