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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

$ 319,000
ROI
20.0
Cash Flow/m
23- 2 Bed
- 2 Bath
- 1656 sft
2212 Bayview Dr, Michigan City, IN, 46360

$ 279,900
ROI
32.6
Cash Flow/m
1003- 3 Bed
- 2 Bath
- 1478 sft
1524 S Woodland Ave, Michigan City, IN, 46360

$ 225,000
ROI
25.6
Cash Flow/m
367- 2 Bed
- 1 Bath
- 1050 sft
911 Birch Tree Ln, Michigan City, IN, 46360

Fix & Flip
$ 199,900
ROI
29.9
Cash Flow/m
564- 2 Bed
- 2 Bath
- 1210 sft
103 Birch Tree Ln, 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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