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
Street view of 973 Thornwood Dr
1 / 6
41score
New↓ $15,000
$350,000
MLS Street view
Search photos

973 Thornwood Dr

Greenwood IN 46143 · Single Family · built 2000
4 bd2.5 ba3,282 sqft$107/sqft vs ZIP $161 −34%
1.01 lender DSCR (est.)
Rent covers the estimated payment 1.01× · 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.

34% under ZIP $/sqftprice cut 4%
The underwriting

The numbers (estimates, illustrative)

$350,000List price
$2,381Rent estimate / mo
1.01Lender DSCR (est.)
$4,200Taxes / yr · assumed 1.2%
$161ZIP median $ / sqft
41/100Deal Score

Monthly picture (illustrative)

Rent est.$2,381
− Mortgage (P&I)−$1,835
− Taxes−$350
− Insurance−$146
− HOA−$19
= Cash flow before vacancy & repairs$31

The numbers

Price
$350,000
$ / sq ft
$107 ZIP median $161
Rent estimate
$2,381/mo HUD fair-market rent
Property taxes
$4,200/yr assumed 1.2% of price
PITIA (assumed)
$2,350/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $19/mo
Lender DSCR (est.)
1.01 rent ÷ PITIA · lender floor 1.20
Deal Score
41/100 34% under ZIP $/sqft · price cut 4%

The property

Beds / baths
4 / 2.5
Living area
3,282 sq ft
Lot
9,583 sq ft
Year built
2000
Property type
Single Family
HOA
$19/mo
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22128850
Listed
Oct 1, 2026
Days on market
49 relisted — counted from when we first saw it
Listing agent
Jeff Paxson Team · Jeff Paxson Team
3176792121 · jeff@jeffpaxson.com
Price history
First asked $365,000 · previously $365,000 cut $15,000
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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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