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
10score
↓ $5,000
$340,000
MLS
Street view5507 Gainesway Dr
Greenwood IN 46142 · Single Family · built 2000
4 bd2.5 ba2,196 sqft$155/sqft vs ZIP $168 −8%
0.81 lender DSCR (est.)
Rent covers the estimated payment 0.81× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,848/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.
8% under ZIP $/sqftprice cut 1%
The underwriting
The numbers (estimates, illustrative)
$340,000List price
$1,848Rent estimate / mo
0.81Lender DSCR (est.)
$4,080Taxes / yr · assumed 1.2%
$168ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,848 |
| − Mortgage (P&I) | −$1,783 |
| − Taxes | −$340 |
| − Insurance | −$142 |
| − HOA | −$29 |
| = Cash flow before vacancy & repairs | $-446 |
The numbers
- Price
- $340,000
- $ / sq ft
- $155 ZIP median $168
- Rent estimate
- $1,848/mo HUD fair-market rent
- Property taxes
- $4,080/yr assumed 1.2% of price
- PITIA (assumed)
- $2,294/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $29/mo
- Lender DSCR (est.)
- 0.81 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 8% under ZIP $/sqft · price cut 1%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,196 sq ft
- Lot
- 20,909 sq ft
- Year built
- 2000
- Property type
- Single Family
- HOA
- $29/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22119120
- Listed
- Aug 8, 2026
- Days on market
- 58
- Listing agent
- Ray Podesta · Stone & Gable Realty
3175383226 · ray@stoneandgable.com - Price history
- First asked $345,000 · previously $345,000 cut $5,000
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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.