OFF_MARKETRisky Deal2 days on market

3005 Olive Branch Rd

3005 Olive Branch Rd, Greenwood, IN 46143, Greenwood, IN 46143
$398,500
Zestimate®:$396,200

Listing Price

Property image 1
3005 Olive Branch Rd, Greenwood, IN 46143
Loc: Greenwood, IN
Days Listed
2
Tax Assessed
$362k
Zestimate®
$396k
Market Rate
Lot Size
0.44 acres
Rent Estimate
$2,389/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Center Grove Elementary School

K-5
2 mi away
8

Center Grove Middle School Central

6-8
2.1 mi away
10

Center Grove High School

9-12
2.2 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
4.46%
Total ROI
55.7%
Cash Flow
$-588/mo
DSCR
0.72
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-22Sold$395,000$194
2026-03-02Pending sale$398,500$195
2026-02-25Listed for sale$398,500$195
2025-09-21Listing removed$389,000$191
2025-09-10Price change$389,000$191
2025-07-18Price change$390,000$191
2025-04-29Price change$399,999$196
2024-11-08Price change$409,900$201
2024-10-29Price change$429,900$211
2024-10-21Price change$439,500$215
2024-10-09Listed for sale$450,000$221
2022-12-12Sold$350,000$172
2022-11-08Pending sale$350,000$172
2022-11-07Listed for sale$350,000$172
2019-07-18Listing removed$242,900$119
2019-06-03Pending sale$242,900$119
2019-05-17Listed for sale$242,900$119
2015-06-04Sold$209,000$102
2015-05-27Listed for sale$209,900$103
2008-08-14Sold$12,600$6

Tax History

YearProperty TaxTax Assessment
2025$3,393.06$361,600
2024$3,429.06$342,600
2023$2,997.72$338,600
2022$2,503.32$289,800
2021$2,227.42$254,900
2020$2,172.82$236,100
2019$2,171.38$225,800
2018$2,052.6$222,200
2017$1,577.88$217,200
2016$1,577.88$188,300
2014$1,233.8$158,100
2013$911.98$155,700
2012$1,041.16$165,800
2011$927.62$154,700
2010$913.3$151,700
2009$898.7$148,500
2007$1,331.9$156,700
2006$1,722.98$159,800
2005$0$137,600
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
2,040
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $398,500Rent Basis: Observed Comp Model ($2,389/mo)State Tax Benchmark: 0.81% (IN)Hazard Reserve: $116/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.46%

NOI: $17,753/yr

Cash-on-Cash Yield
-7.7%

On $91,655 invested

DSCR Ratio
0.72x

Negative debt coverage

5-Yr Leveraged ROI
+55.7%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.81% of basis)-$244/mo
Homeowner / Hazard Insurance-$116/mo
Vacancy Reserve (5% of rent)-$119/mo
Repairs & Maintenance (10% of rent)-$239/mo
Property Management (8% of rent)-$191/mo
Total Pure Operating Expenses-$910/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,389/mo
Less: Operating Expenses-$910/mo
Net Operating Income (NOI)+$1,479/mo
Less: Debt Service (30yr @ 6.75%)-$2,068/mo
Net Cash Flow
$-588/mo
$-7,059/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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