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
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17score
↓ $16,000
$219,900
MLS
Street view735 Cottage Ln
Greenwood IN 46143 · Single Family · built 1996
2 bd2 ba1,243 sqft$177/sqft vs ZIP $161 +10%
1.02 lender DSCR (est.)
Rent covers the estimated payment 1.02× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,509/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.
price cut 7%
The underwriting
The numbers (estimates, illustrative)
$219,900List price
$1,509Rent estimate / mo
1.02Lender DSCR (est.)
$2,639Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
17/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,509 |
| − Mortgage (P&I) | −$1,153 |
| − Taxes | −$220 |
| − Insurance | −$92 |
| − HOA | −$21 |
| = Cash flow before vacancy & repairs | $23 |
The numbers
- Price
- $219,900
- $ / sq ft
- $177 ZIP median $161
- Rent estimate
- $1,509/mo HUD fair-market rent
- Property taxes
- $2,639/yr assumed 1.2% of price
- PITIA (assumed)
- $1,486/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $21/mo
- Lender DSCR (est.)
- 1.02 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 17/100 price cut 7%
The property
- Beds / baths
- 2 / 2
- Living area
- 1,243 sq ft
- Lot
- 6,970 sq ft
- Year built
- 1996
- Property type
- Single Family
- HOA
- $21/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22095625
- Listed
- Apr 15, 2026
- Days on market
- 173
- Listing agent
- Douglas Alvey · Doug Alvey Realty
3173667532 · indydougrealtor@gmail.com - Price history
- First asked $235,900 · previously $235,900 cut $16,000
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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.