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17score
New
$310,000
MLS
Street view612 Greenlee Dr
Indianapolis IN 46234 · Single Family · built 1976
4 bd2.5 ba2,280 sqft$136/sqft vs ZIP $158 −14%
0.91 lender DSCR (est.)
Rent covers the estimated payment 0.91× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,110/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.
14% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$310,000List price
$2,110Rent estimate / mo
0.91Lender DSCR (est.)
$6,010Taxes / yr · county assessor
$158ZIP median $ / sqft
17/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,110 |
| − Mortgage (P&I) | −$1,626 |
| − Taxes | −$501 |
| − Insurance | −$129 |
| − HOA | −$63 |
| = Cash flow before vacancy & repairs | $-209 |
The numbers
- Price
- $310,000
- $ / sq ft
- $136 ZIP median $158
- Rent estimate
- $2,110/mo ZIP + bedroom comps
- Property taxes
- $6,010/yr 2% cap on assessed value $300,500
- PITIA (assumed)
- $2,319/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $63/mo
- Lender DSCR (est.)
- 0.91 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 17/100 14% under ZIP $/sqft · new this week
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,280 sq ft
- Lot
- 13,068 sq ft
- Year built
- 1976
- Property type
- Single Family
- HOA
- $63/mo
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22133250
- Listed
- Oct 27, 2026
- Days on market
- 6
- Listing agent
- Deborah Flowers · Carpenter Realtors, Brownsburg
3178334229 · dflowers@callcarpenter.com - Price history
- First asked $310,000
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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.