Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
Street view of 741 Wheatgrass Dr
1 / 6
21score
$277,400
MLS Street view
Search photos

741 Wheatgrass Dr

Greenwood IN 46143 · Single Family · built 2004
3 bd2.5 ba1,997 sqft$139/sqft vs ZIP $161 −14%
1.05 lender DSCR (est.)
Rent covers the estimated payment 1.05× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,953/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.

14% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$277,400List price
$1,953Rent estimate / mo
1.05Lender DSCR (est.)
$3,329Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
21/100Deal Score

Monthly picture (illustrative)

Rent est.$1,953
− Mortgage (P&I)−$1,455
− Taxes−$277
− Insurance−$116
− HOA−$17
= Cash flow before vacancy & repairs$88

The numbers

Price
$277,400
$ / sq ft
$139 ZIP median $161
Rent estimate
$1,953/mo HUD fair-market rent
Property taxes
$3,329/yr assumed 1.2% of price
PITIA (assumed)
$1,865/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $17/mo
Lender DSCR (est.)
1.05 rent ÷ PITIA · lender floor 1.20
Deal Score
21/100 14% under ZIP $/sqft

The property

Beds / baths
3 / 2.5
Living area
1,997 sq ft
Lot
4,792 sq ft
Year built
2004
Property type
Single Family
HOA
$17/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22110627
Listed
Jul 1, 2026
Days on market
96
Listing agent
Lindsey Smalling · Highgarden Real Estate
3174355914 · smallingeliterealtygroup@gmail.com
Price history
First asked $277,400
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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.

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