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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
$ 240,000
ROI
23.0
Cash Flow/m
215- 4 Bed
- 2 Bath
- 3196 sft
124 E 10th St, Michigan City, IN, 46360
Airbnb Potential
$ 239,000
ROI
22.7Cash Flow/m
194- 3 Bed
- 2 Bath
- 2592 sft
2401 Maple St, Michigan City, IN, 46360
Airbnb Potential
$ 134,900
ROI
25.5Cash Flow/m
217- 3 Bed
- 3 Bath
- 1816 sft
1210 Wabash St, Michigan City, IN, 46360
Airbnb Potential
$ 125,000
ROI
26.7Cash Flow/m
243- 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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