1 / 6
30score
New
$270,000
MLS
Street view969 Stonegate Rd
Greenwood IN 46142 · Single Family · built 1976
3 bd2 ba2,302 sqft$117/sqft vs ZIP $168 −30%
0.85 lender DSCR (est.)
Rent covers the estimated payment 0.85× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,528/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.
30% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$270,000List price
$1,528Rent estimate / mo
0.85Lender DSCR (est.)
$3,240Taxes / yr · assumed 1.2%
$168ZIP median $ / sqft
30/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,528 |
| − Mortgage (P&I) | −$1,416 |
| − Taxes | −$270 |
| − Insurance | −$113 |
| = Cash flow before vacancy & repairs | $-270 |
The numbers
- Price
- $270,000
- $ / sq ft
- $117 ZIP median $168
- Rent estimate
- $1,528/mo HUD fair-market rent
- Property taxes
- $3,240/yr assumed 1.2% of price
- PITIA (assumed)
- $1,798/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.85 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 30/100 30% under ZIP $/sqft · new this week
The property
- Beds / baths
- 3 / 2
- Living area
- 2,302 sq ft
- Lot
- 12,632 sq ft
- Year built
- 1976
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22129567
- Listed
- Oct 3, 2026
- Days on market
- 2
- Listing agent
- Ronald Janes · Values Driven Realty, Inc.
3179872753 · stacy@dreamhome-realty.com - Price history
- First asked $270,000
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.