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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Michigan City, IN
Fix & Flip
Listed for sale 3 days ago
$ 115,000
ROI
25.8
Cash Flow/m
195- 3 Bed
- 2 Bath
- 1452 sft
111 N Calumet Ave, Michigan City, IN, 46360
Listed for sale 4 days ago
$ 159,900
ROI
25.6Cash Flow/m
258- 3 Bed
- 1 Bath
- 1410 sft
405 Madison St, Michigan City, IN, 46360
Listed for sale 4 days ago
$ 159,900
ROI
33.5Cash Flow/m
611- 3 Bed
- 1 Bath
- 1410 sft
406 Madison St, Michigan City, IN, 46360
Listed for sale 4 days ago
$ 159,000
ROI
25.9Cash Flow/m
270- 3 Bed
- 1 Bath
- 1000 sft
817 E 11th St, Michigan City, IN, 46360
Why Invest in Michigan City, Indiana?
Michigan City, IN offers an attractive opportunity for real estate investors, particularly in the rental market with a focus on high rental yields. With a rental yield approaching 8%, this city showcases strong demand, driven by its location near Lake Michigan and a growing economy. Investors can seek properties that provide steady cash flow and appreciate over time.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Michigan City is approximately 8%, making it an attractive option for real estate investors.
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