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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
Listed for sale 1 day ago
$ 150,000
ROI
29.8
Cash Flow/m
418- 2 Bed
- 1 Bath
- 864 sft
128 Grace St, Michigan City, IN, 46360
Listed for sale 4 days ago
$ 119,900
ROI
26.2Cash Flow/m
216- 2 Bed
- 1 Bath
- 1016 sft
440 Pleasant Ave, Michigan city, IN, 46360
Airbnb Potential
Listed for sale 2 days ago
$ 169,900
ROI
26.6Cash Flow/m
323- 2 Bed
- 1 Bath
- 1013 sft
222 N Carroll Ave, Michigan City, IN, 46360
$ 180,000
ROI
23.2Cash Flow/m
171- 3 Bed
- 2 Bath
- 1800 sft
1034 Woodlawn Ave, 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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