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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Short Term Rental Investment Properties for Sale in Michigan City, IN
Airbnb Potential
Listed for sale 2 days ago
$ 169,900
ROI
26.6
Cash Flow/m
323- 2 Bed
- 1 Bath
- 1013 sft
222 N Carroll Ave, Michigan City, IN, 46360
Airbnb Potential
$ 395,000
ROI
20.2Cash Flow/m
50- 3 Bed
- 2 Bath
- 1923 sft
219 W 6th St, Michigan City, IN, 46360
Airbnb Potential
$ 244,900
ROI
23.9Cash Flow/m
285- 3 Bed
- 2 Bath
- 2120 sft
1807 E Michigan Blvd, Michigan City, IN, 46360
Airbnb Potential
$ 125,000
ROI
36.7Cash Flow/m
591- 6 Bed
- - Bath
- - sft
207 Chicago St, Michigan City, IN, 46360
Why Invest in Michigan City, Indiana?
Investing in short-term rentals in Michigan City, IN, offers a lucrative opportunity, especially with the area's increasing popularity among tourists and visitors. With an average rental yield of 8% and a cap rate of 9%, investors can enjoy favorable conditions for returns. Furthermore, the city's growing appreciation rate supports long-term investment viability.
12%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$1500/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Short-term rentals in Michigan City benefit from a strong tourism market and favorable rental yields. Investors can leverage the city's growing appeal to maximize their returns.
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