Under $300K Investment Properties for Sale in Michigan City, IN

Property at 114 Trunk Ct, Michigan City, IN
Listed for sale 1 day ago
$ 179,900
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign326
  • 2 Bed
  • 2 Bath
  • 1014 sft
114 Trunk Ct, Michigan City, IN, 46360
Property at 440 Pleasant Ave, Michigan city, IN
$ 119,900
ROI
26.2ROI percentage
Cash Flow/m
Dollar sign216
  • 2 Bed
  • 1 Bath
  • 1016 sft
440 Pleasant Ave, Michigan city, IN, 46360
Property at 138 Memorial Dr, Michigan City, IN
Listed for sale 4 days ago
$ 124,900
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign226
  • - Bed
  • - Bath
  • - sft
138 Memorial Dr, Michigan City, IN, 46360
Property at 1632 N 500 E, Michigan city, IN
$ 199,900
ROI
21.0ROI percentage
Cash Flow/m
Dollar sign68
  • - Bed
  • - Bath
  • - sft
1632 N 500 E, Michigan city, IN, 46360

Why Invest in Michigan City, Indiana?

Investing in Michigan City, IN offers unique opportunities, especially for properties under $300,000. With a strong rental yield and a growing job market, investors can find promising returns. The area's appreciation rates have been positive, making now a great time to consider investing.

12%
Avg. ROI
8.5%
Rental Yield
7.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental rates in Michigan City are around $1,000 per month, varying based on property type and location.

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