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
1 / 6
8score
↓ $20,000
$509,900
MLS
Street view4093 Bayberry
Greenwood IN 46143 · Condo · built 2008
3 bd3 ba3,168 sqft$161/sqft vs ZIP $161 −0%
0.53 lender DSCR (est.)
Rent covers the estimated payment 0.53× · 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 4%
The underwriting
The numbers (estimates, illustrative)
$509,900List price
$1,953Rent estimate / mo
0.53Lender DSCR (est.)
$6,119Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
8/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,953 |
| − Mortgage (P&I) | −$2,674 |
| − Taxes | −$510 |
| − Insurance | −$212 |
| − HOA | −$310 |
| = Cash flow before vacancy & repairs | $-1,753 |
The numbers
- Price
- $509,900
- $ / sq ft
- $161 ZIP median $161
- Rent estimate
- $1,953/mo HUD fair-market rent
- Property taxes
- $6,119/yr assumed 1.2% of price
- PITIA (assumed)
- $3,706/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $310/mo
- Lender DSCR (est.)
- 0.53 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 8/100 price cut 4%
The property
- Beds / baths
- 3 / 3
- Living area
- 3,168 sq ft
- Lot
- 2,614 sq ft
- Year built
- 2008
- Property type
- Condo
- HOA
- $310/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22107615
- Listed
- Jun 16, 2026
- Days on market
- 111
- Listing agent
- Mary Jane Coutz · Highgarden Real Estate
3177052587 · coutzgroup@c21scheetz.com - Price history
- First asked $529,900 · previously $529,900 cut $20,000
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.