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4score
$389,900
MLS
Street view431 Shady Ln
Greenwood IN 46142 · Single Family · built 1974
4 bd3 ba2,448 sqft$159/sqft vs ZIP $168 −5%
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. $1,809/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.
The underwriting
The numbers (estimates, illustrative)
$389,900List price
$1,809Rent estimate / mo
0.69Lender DSCR (est.)
$4,679Taxes / yr · assumed 1.2%
$168ZIP median $ / sqft
4/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,809 |
| − Mortgage (P&I) | −$2,045 |
| − Taxes | −$390 |
| − Insurance | −$162 |
| − HOA | −$27 |
| = Cash flow before vacancy & repairs | $-815 |
The numbers
- Price
- $389,900
- $ / sq ft
- $159 ZIP median $168
- Rent estimate
- $1,809/mo HUD fair-market rent
- Property taxes
- $4,679/yr assumed 1.2% of price
- PITIA (assumed)
- $2,624/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $27/mo
- Lender DSCR (est.)
- 0.69 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 4/100
The property
- Beds / baths
- 4 / 3
- Living area
- 2,448 sq ft
- Lot
- 20,473 sq ft
- Year built
- 1974
- Property type
- Single Family
- HOA
- $27/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22130737
- Listed
- Oct 9, 2026
- Days on market
- 25
- Listing agent
- Christopher Duke · Elite Indy Realty Group
3173455870 · info@selectindyhomes.com - Price history
- First asked $389,900
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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.