Last confirmed active 18 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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4score
New↓ $8,000New Construction
$396,900
Triad
Street view3200 Balsamroot Rd
Greenwood IN 46143 · Single Family
3 bd2.5 ba1,600 sqft$248/sqft vs ZIP $161 +54%
0.74 lender DSCR (est.)
Rent covers the estimated payment 0.74× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,953/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 2%
The underwriting
The numbers (estimates, illustrative)
$396,900List price
$1,953Rent estimate / mo
0.74Lender DSCR (est.)
$4,763Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
4/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,953 |
| − Mortgage (P&I) | −$2,081 |
| − Taxes | −$397 |
| − Insurance | −$165 |
| = Cash flow before vacancy & repairs | $-691 |
The numbers
- Price
- $396,900
- $ / sq ft
- $248 ZIP median $161
- Rent estimate
- $1,953/mo HUD fair-market rent
- Property taxes
- $4,763/yr assumed 1.2% of price
- PITIA (assumed)
- $2,644/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.74 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 4/100 price cut 2%
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,600 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 2, 2026
- Days on market
- 50 relisted — counted from when we first saw it
- Listing agent
- Not on the feed — use the official listing link
- Price history
- First asked $404,900 · previously $404,900 cut $8,000
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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.