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39score
$299,900
MLS
Street view608 Rocky Meadow Dr
Greenwood IN 46143 · Single Family · built 2006
4 bd2.5 ba2,534 sqft$118/sqft vs ZIP $162 −27%
1.16 lender DSCR (est.)
Rent covers the estimated payment 1.16× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,331/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.
27% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$299,900List price
$2,331Rent estimate / mo
1.16Lender DSCR (est.)
$3,599Taxes / yr · assumed 1.2%
$162ZIP median $ / sqft
39/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,331 |
| − Mortgage (P&I) | −$1,573 |
| − Taxes | −$300 |
| − Insurance | −$125 |
| − HOA | −$16 |
| = Cash flow before vacancy & repairs | $317 |
The numbers
- Price
- $299,900
- $ / sq ft
- $118 ZIP median $162
- Rent estimate
- $2,331/mo HUD fair-market rent
- Property taxes
- $3,599/yr assumed 1.2% of price
- PITIA (assumed)
- $2,014/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $16/mo
- Lender DSCR (est.)
- 1.16 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 39/100 27% under ZIP $/sqft
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,534 sq ft
- Lot
- 9,583 sq ft
- Year built
- 2006
- Property type
- Single Family
- HOA
- $16/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22130231
- Listed
- Oct 8, 2026
- Days on market
- 26
- Listing agent
- Andy Waggoner · Ferris Property Group
3173711786 · andy@ferrispropertygroup.com - Price history
- First asked $299,900
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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.