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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 1 day ago
$ 150,000
ROI
29.8
Cash Flow/m
418- 2 Bed
- 1 Bath
- 864 sft
128 Grace St, Michigan City, IN, 46360
Listed for sale 4 days ago
$ 119,900
ROI
26.2Cash Flow/m
216- 2 Bed
- 1 Bath
- 1016 sft
440 Pleasant Ave, Michigan city, IN, 46360
Listed for sale 1 day ago
$ 459,000
ROI
24.1Cash Flow/m
551- 3 Bed
- 3 Bath
- 2776 sft
213 Kenwood Pl, Michigan City, IN, 46360
$ 180,000
ROI
23.2Cash Flow/m
171- 3 Bed
- 2 Bath
- 1800 sft
1034 Woodlawn 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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