1285 E Karen Rd, Kirklin, IN, 46050 | 2.97% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1285 E Karen Rd, Kirklin, IN, 46050 | 2.97% Rental Yield | Ziffy

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
4224 sft

215 S Main St, New Ross, IN, 47968

3 Bed
2 Bath
2984 sft

5642 E Railroad Ave, Crawfordsville, IN, 47933

3 Bed
2 Bath
1610 sft

9378 N County Road 75 W, Lizton, IN, 46149

3 Bed
2 Bath
1240 sft

2412 Lakeshore Ct, Lebanon, IN, 46052

Nearby investment properties with comparable prices

5 Bed
4 Bath
3340 sft

706 E 750 North Est, Lebanon, IN, 46052

5 Bed
4 Bath
3340 sft

706 E 750 N, Lebanon, IN, 46052

5 Bed
4 Bath
3535 sft

5110 W 450 N, Thorntown, IN, 46071

4 Bed
3 Bath
4744 sft

2900 N State Road 39, Lebanon, IN, 46052

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Kirklin at 1285 E Karen Rd, Kirklin, IN, 46050 offers a 2.97% rental yield on a $900,000 purchase with $2,230/mo rent. 2% in year one. Equity gained on principal adds $5,808/yr while 5% annual appreciation supports $248,653 over five years. Portfolio math shows five-year ROI at 34.43% and total cumulative return in cash at $101,940. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,230/mo property income against a $4,405/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

15 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to the country without giving up convenience. This 15-acre Boone County homestead offers the perfect blend of rustic charm, functional farm infrastructure, and outdoor recreation, all just minutes from town. At the heart of the property sits a spacious 4-bedroom farmhouse, designed for comfortable rural living. Whether you're raising a family, hosting guests, or simply enjoying quiet evenings after a day outdoors, this home provides room to spread out and make it your own. A detached 2-car garage offers secure parking, storage, or workshop space. The property truly shines outside. A large, versatile barn stands ready for livestock, equipment, hobbies, or future agricultural projects. Rolling pasture, mature trees, and meandering creeks create a picturesque setting while supporting abundant wildlife. Whitetail deer and wild turkey are regular visitors, making this an ideal property for nature lovers, hunters, or anyone who values privacy and open space. Whether you're dreaming of a working farm, horse property, private hunting retreat, or a peaceful country homestead, this land offers endless possibilities. Enjoy morning coffee overlooking the fields, explore the creeks, or spend evenings watching wildlife move through the timber. If you're searching for rustic farm living in Boone County with acreage, water features, and room to grow-this is a rare opportunity to own a true Indiana homestead. This property is being sold "As is"

Neighborhood Data

Neighborhood data shown for ZIP Code: 46050, Kirklin, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	732 (100%)
Owner Occupied HU	564 (77.0%)
Renter Occupied HU	117 (16.0%)
Vacant Housing Units	51 ( 7.0%)
Median Home Value	$276,596
Average Home Value	$289,025