Condo Investment Properties for Sale in Michigan City, IN

Property at 4 Constitution Dr, Michigan City, IN
$ 375,000
ROI
21.0ROI percentage
Cash Flow/m
Dollar sign133
  • 3 Bed
  • 3 Bath
  • 2379 sft
4 Constitution Dr, Michigan City, IN, 46360
Property at 23 Royal Troon Dr, Michigan City, IN
$ 479,000
ROI
24.1ROI percentage
Cash Flow/m
Dollar sign574
  • 3 Bed
  • 2 Bath
  • 1852 sft
23 Royal Troon Dr, Michigan City, IN, 46360
Property at 138 Indian Rdg, Michigan City, IN
$ 249,900
ROI
27.9ROI percentage
Cash Flow/m
Dollar sign563
  • 2 Bed
  • 2 Bath
  • 1012 sft
138 Indian Rdg, Michigan City, IN, 46360
Property at 506 E Coolspring Ave APT F, Michigan City, IN
$ 295,000
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign338
  • 3 Bed
  • 3 Bath
  • 1360 sft
506 E Coolspring Ave APT F, 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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