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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Michigan City, IN
Listed for sale 2 days ago
$ 219,000
ROI
32.0
Cash Flow/m
749- 3 Bed
- 4 Bath
- 1728 sft
402 Pearl St, Michigan City, IN, 46360
$ 549,900
ROI
24.0Cash Flow/m
601- 4 Bed
- 3 Bath
- 2880 sft
1522 N 425 E, Michigan city, IN, 46360
Listed for sale 3 days ago
$ 369,000
ROI
22.5Cash Flow/m
280- 4 Bed
- 3 Bath
- 2752 sft
6592 W Michael Pl, Michigan City, IN, 46360
$ 119,900
ROI
26.2Cash Flow/m
216- 2 Bed
- 1 Bath
- 1016 sft
440 Pleasant Ave, Michigan city, IN, 46360
Why Invest in Michigan City, Indiana?
Investing in Michigan City, IN offers lucrative opportunities, particularly in the rental market. With a rental yield estimated at 7.5%, investors can expect solid cash flow. The local market has shown positive appreciation trends, making it an attractive locale for real estate investments.
10%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental rates in Michigan City are approximately $1,200 per month. This price varies based on the type of property and its location within the city.
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