416 N Rural St

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416 N Rural St

Indianapolis, IN 46201
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land asset located in Indianapolis Indiana
  • Parcel identified by the address 416 N Rural St
  • Positioned within the 46201 zip code for residential development
  • Asset sits near regional transit and city infrastructure routes
  • Development potential for housing in a growing urban market

What's Special

Indianapolis serves as a significant economic hub in the Midwest, characterized by a diverse industrial base and a steady population demand. This residential land parcel sits within the 46201 zip code, positioned to benefit from the ongoing development and neighborhood revitalization efforts seen throughout the metro area. Connectivity to major local thoroughfares provides access to broader urban infrastructure and regional commerce centers. The site offers a foundation for residential development, catering to the needs of the growing local housing market. Developers and investors may consider this asset for single-family or multi-family project feasibility, depending on local municipal guidelines. Its placement within a developing corridor allows for strategic integration into the existing residential landscape, supporting the continued expansion of the Indianapolis residential sector.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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