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

Multi Family Investment Properties for Sale in Michigan City, IN

Property at 205 E Garfield St, Michigan City, IN
$ 350,000
ROI
20.4ROI percentage
Cash Flow/m
Dollar sign59
  • 4 Bed
  • 5 Bath
  • - sft
205 E Garfield St, Michigan City, IN, 46360
Property at 510 E 11th St, Michigan City, IN
Currently Rented
Rental Income
$ 239,000
ROI
20.9ROI percentage
Cash Flow/m
Dollar sign75
  • 6 Bed
  • 2 Bath
  • 2224 sft
510 E 11th St, Michigan City, IN, 46360
Property at 418 E 8th St, Michigan City, IN
$ 104,900
ROI
49.5ROI percentage
Cash Flow/m
Dollar sign870
  • 6 Bed
  • 2 Bath
  • 3000 sft
418 E 8th St, Michigan City, IN, 46360
Property at 124 W Fulton St, Michigan City, IN
$ 114,000
ROI
33.3ROI percentage
Cash Flow/m
Dollar sign428
  • - Bed
  • - Bath
  • - sft
124 W Fulton 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

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