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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
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?
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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