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39score
$110,000
MLS
Street view320 Elmead Ct
Greenwood IN 46142 · Condo · built 1968
2 bd1 ba1,020 sqft$108/sqft vs ZIP $168 −36%
1.11 lender DSCR (est.)
Rent covers the estimated payment 1.11× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,179/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.
36% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$110,000List price
$1,179Rent estimate / mo
1.11Lender DSCR (est.)
$1,320Taxes / yr · assumed 1.2%
$168ZIP median $ / sqft
39/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,179 |
| − Mortgage (P&I) | −$577 |
| − Taxes | −$110 |
| − Insurance | −$46 |
| − HOA | −$325 |
| = Cash flow before vacancy & repairs | $121 |
The numbers
- Price
- $110,000
- $ / sq ft
- $108 ZIP median $168
- Rent estimate
- $1,179/mo HUD fair-market rent
- Property taxes
- $1,320/yr assumed 1.2% of price
- PITIA (assumed)
- $1,058/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $325/mo
- Lender DSCR (est.)
- 1.11 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 39/100 36% under ZIP $/sqft
The property
- Beds / baths
- 2 / 1
- Living area
- 1,020 sq ft
- Lot
- 871 sq ft
- Year built
- 1968
- Property type
- Condo
- HOA
- $325/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22124163
- Listed
- Sep 9, 2026
- Days on market
- 26
- Listing agent
- Jamie Brown · CENTURY 21 Scheetz
3178812100 · jamieb@c21scheetz.com - Price history
- First asked $110,000
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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.