Multi-Family Investment Properties in Michigan City, IN | Ziffy.ai
Save Search
Filters Applied
Edit
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Multi Family Investment Properties for Sale in Michigan City, IN

Property at 215 Cleveland Ave, Michigan City, IN
$ 220,000
ROI
28.7ROI percentage
Cash Flow/m
Dollar sign547
  • 4 Bed
  • 2 Bath
  • - sft
215 Cleveland Ave, Michigan City, IN, 46360
Property at 1924 Manhattan St, Michigan City, IN
$ 249,900
ROI
29.3ROI percentage
Cash Flow/m
Dollar sign660
  • 5 Bed
  • 3 Bath
  • - sft
1924 Manhattan St, Michigan City, IN, 46360
Property at 542 Holliday St, Michigan City, IN
Currently Rented
Rental Income
$ 199,000
ROI
27.4ROI percentage
Cash Flow/m
Dollar sign425
  • 3 Bed
  • 2 Bath
  • - sft
542 Holliday St, Michigan City, IN, 46360
Property at 320 E 8th St, Michigan City, IN
Rental Income
$ 495,000
ROI
25.8ROI percentage
Cash Flow/m
Dollar sign836
  • 4 Bed
  • 5 Bath
  • - sft
320 E 8th St, Michigan City, IN, 46360

Why Invest in Michigan City, Indiana?

Investing in multi-family properties in Michigan City, IN, offers a unique opportunity to capitalize on the area's steady rental demand. With an average rental yield of around 8% and competitive cap rates averaging 9%, investors are finding great cash flow potential in this market.

12%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

The rental market in Michigan City is quite active, with a growing demand for multi-family housing. Average rents are around $1,200, and the area boasts a low vacancy rate.

Find Your Perfect Investment Property in Michigan City, Indiana

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Michigan City, IN
Fix and Flip Properties in Michigan City, IN
Short-Term Rental Properties in Michigan City, IN
AI