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 989 Greenwood Trl W
1 / 6
71score
↓ $1,000
$139,000
MLS Street view
Search photos

989 Greenwood Trl W

Greenwood IN 46142 · Condo · built 1974
3 bd1.5 ba1,344 sqft$103/sqft vs ZIP $168 −38%
1.64 lender DSCR (est.)
Rent covers the estimated payment 1.64× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,517/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 1.6439% under ZIP $/sqftprice cut 1%
The underwriting

The numbers (estimates, illustrative)

$139,000List price
$1,517Rent estimate / mo
1.64Lender DSCR (est.)
$1,668Taxes / yr · assumed 1.2%
$168ZIP median $ / sqft
71/100Deal Score

Monthly picture (illustrative)

Rent est.$1,517
− Mortgage (P&I)−$729
− Taxes−$139
− Insurance−$58
= Cash flow before vacancy & repairs$591

The numbers

Price
$139,000
$ / sq ft
$103 ZIP median $168
Rent estimate
$1,517/mo HUD fair-market rent
Property taxes
$1,668/yr assumed 1.2% of price
PITIA (assumed)
$926/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.64 rent ÷ PITIA · lender floor 1.20
Deal Score
71/100 DSCR 1.64 · 39% under ZIP $/sqft · price cut 1%

The property

Beds / baths
3 / 1.5
Living area
1,344 sq ft
Lot
1,307 sq ft
Year built
1974
Property type
Condo
HOA
None on record
Flood zone
—
Registered rental
—

The listing

Source
Standard
MLS #
22122151
Listed
Aug 24, 2026
Days on market
42
Listing agent
Amanda Norman · eXp Realty, LLC
3175130066 · amanda.norman@exprealty.com
Price history
First asked $140,000 · previously $140,000 cut $1,000
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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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