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
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12score
New↓ $23,000New Construction
$389,995
Triad
Street view904 Drummond Ct
Greenwood IN 46143 · Single Family
5 bd3 ba2,460 sqft$159/sqft vs ZIP $161 −2%
0.92 lender DSCR (est.)
Rent covers the estimated payment 0.92× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,381/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 6%
The underwriting
The numbers (estimates, illustrative)
$389,995List price
$2,381Rent estimate / mo
0.92Lender DSCR (est.)
$4,680Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
12/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,381 |
| − Mortgage (P&I) | −$2,045 |
| − Taxes | −$390 |
| − Insurance | −$162 |
| = Cash flow before vacancy & repairs | $-217 |
The numbers
- Price
- $389,995
- $ / sq ft
- $159 ZIP median $161
- Rent estimate
- $2,381/mo HUD fair-market rent
- Property taxes
- $4,680/yr assumed 1.2% of price
- PITIA (assumed)
- $2,598/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.92 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 12/100 price cut 6%
The property
- Beds / baths
- 5 / 3
- Living area
- 2,460 sq ft
- Lot
- —
- Year built
- —
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- New Construction
- MLS #
- —
- Listed
- Oct 1, 2026
- Days on market
- 50 relisted — counted from when we first saw it
- Listing agent
- Not on the feed — use the official listing link
- Price history
- First asked $412,995 · previously $412,995 cut $23,000
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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.