Street view of 823 Tall Timber Dr
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29score
$215,000
MLS Street view
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823 Tall Timber Dr

Greenwood IN 46143 · Single Family · built 2003
3 bd2 ba986 sqft$218/sqft vs ZIP $161 +35%
1.36 lender DSCR (est.)
Rent covers the estimated payment 1.36× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,967/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.

DSCR 1.36
The underwriting

The numbers (estimates, illustrative)

$215,000List price
$1,967Rent estimate / mo
1.36Lender DSCR (est.)
$2,580Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
29/100Deal Score

Monthly picture (illustrative)

Rent est.$1,967
− Mortgage (P&I)−$1,127
− Taxes−$215
− Insurance−$90
− HOA−$19
= Cash flow before vacancy & repairs$516

The numbers

Price
$215,000
$ / sq ft
$218 ZIP median $161
Rent estimate
$1,967/mo HUD fair-market rent
Property taxes
$2,580/yr assumed 1.2% of price
PITIA (assumed)
$1,451/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $19/mo
Lender DSCR (est.)
1.36 rent ÷ PITIA · lender floor 1.20
Deal Score
29/100 DSCR 1.36

The property

Beds / baths
3 / 2
Living area
986 sq ft
Lot
6,098 sq ft
Year built
2003
Property type
Single Family
HOA
$19/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22128080
Listed
Sep 25, 2026
Days on market
10
Listing agent
Teresa Heffernan · Epique Inc
3174969397 · tcheff317@gmail.com
Price history
First asked $215,000
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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.

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