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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Michigan City, IN
Listed for sale today
$ 385,000
ROI
24.2
Cash Flow/m
473- 2 Bed
- 2 Bath
- 2033 sft
201 Autumn Trl, Michigan City, IN, 46360
Listed for sale 4 days ago
$ 285,000
ROI
21.6Cash Flow/m
149- 3 Bed
- 2 Bath
- 1248 sft
121 Indian Ridge Dr, Michigan City, IN, 46360
$ 249,000
ROI
28.4Cash Flow/m
602- 2 Bed
- 2 Bath
- 1240 sft
102 Riviera Dr, Michigan City, IN, 46360
$ 319,000
ROI
20.0Cash Flow/m
23- 2 Bed
- 2 Bath
- 1656 sft
2212 Bayview Dr, Michigan City, IN, 46360
Why Invest in Michigan City, Indiana?
Investing in condos in Michigan City, IN offers a unique opportunity for real estate investors seeking rental income and appreciation. With an average rental yield of 7% and an appreciation rate of 4%, this market is growing steadily. The city's proximity to Lake Michigan adds to its appeal, attracting both residents and tourists alike.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average price for condos in Michigan City is around $200,000, making it accessible for first-time investors and homeowners.
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