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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Michigan City, IN
Fix & Flip
Listed for sale 3 days ago
$ 115,000
ROI
25.8
Cash Flow/m
195- 3 Bed
- 2 Bath
- 1452 sft
111 N Calumet Ave, Michigan City, IN, 46360
$ 199,900
ROI
21.0Cash Flow/m
68- - Bed
- - Bath
- - sft
1632 N 500 E, Michigan city, IN, 46360
Listed for sale 4 days ago
$ 159,900
ROI
25.6Cash Flow/m
258- 3 Bed
- 1 Bath
- 1410 sft
405 Madison St, Michigan City, IN, 46360
Listed for sale 4 days ago
$ 159,900
ROI
33.5Cash Flow/m
611- 3 Bed
- 1 Bath
- 1410 sft
406 Madison St, 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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