1 / 6
25score
$392,500
MLS
Street view5413 Gainesway Dr
Greenwood IN 46142 · Single Family · built 2002
4 bd3 ba3,782 sqft$104/sqft vs ZIP $168 −38%
0.68 lender DSCR (est.)
Rent covers the estimated payment 0.68× · 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.
38% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$392,500List price
$1,809Rent estimate / mo
0.68Lender DSCR (est.)
$4,710Taxes / yr · assumed 1.2%
$168ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,809 |
| − Mortgage (P&I) | −$2,058 |
| − Taxes | −$393 |
| − Insurance | −$164 |
| − HOA | −$29 |
| = Cash flow before vacancy & repairs | $-834 |
The numbers
- Price
- $392,500
- $ / sq ft
- $104 ZIP median $168
- Rent estimate
- $1,809/mo HUD fair-market rent
- Property taxes
- $4,710/yr assumed 1.2% of price
- PITIA (assumed)
- $2,643/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $29/mo
- Lender DSCR (est.)
- 0.68 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 25/100 38% under ZIP $/sqft
The property
- Beds / baths
- 4 / 3
- Living area
- 3,782 sq ft
- Lot
- 28,750 sq ft
- Year built
- 2002
- Property type
- Single Family
- HOA
- $29/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22130619
- Listed
- Oct 19, 2026
- Days on market
- 15
- Listing agent
- Nick Laviolette · Compass of Indiana, LLC
3178735391 · nick@thelavgroup.com - Price history
- First asked $392,500
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.