Michigan City Investment Analysis
Investment Property in Michigan City, IN
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Short Term Rentals For Sale| City Name | Property price | Cash on cash return | Rental Income | No. of Properties | Airbnb Occupancy Rate | ||
|---|---|---|---|---|---|---|---|
| Median | traditional | Airbnb | traditional | Airbnb | |||
| Dyer | $340,000 | 4% | 7% | $2,197 | $3,143 | 17 | 67% |
| Munster | $425,000 | 4% | 5% | $2,861 | $3,323 | 21 | 66% |
| Indianapolis | $259,900 | 4% | 4% | $1,598 | $2,837 | 1,311 | 61% |
| Hammond | $162,400 | 7% | 9% | $1,391 | $1,806 | 32 | 61% |
| Crown Point | $397,995 | 5% | 7% | $2,707 | $4,354 | 95 | 60% |
| East Chicago | $168,450 | 7% | 13% | $1,530 | $2,729 | 12 | 60% |
| French Lick | $195,400 | 5% | 10% | $1,675 | $3,359 | 19 | 56% |
| Fort Wayne | $279,900 | 5% | 5% | $1,848 | $2,276 | 851 | 54% |
| Schererville | $373,190 | 4% | 4% | $1,981 | $2,541 | 24 | 54% |
| Bloomington | $389,900 | 4% | 5% | $2,120 | $4,206 | 333 | 52% |
| Wakarusa | $339,900 | 3% | 2% | $2,035 | $1,730 | 11 | 51% |
| Plymouth | $210,000 | 5% | 7% | $1,664 | $2,478 | 25 | 49% |
| Jasper | $212,350 | 4% | 6% | $1,329 | $1,785 | 50 | 44% |
| New Carlisle | $217,500 | 4% | 8% | $1,311 | $2,288 | 10 | 42% |
| Garrett | $292,000 | 5% | 5% | $1,925 | $2,167 | 21 | 42% |
| Santa Claus | $265,000 | 5% | 11% | $1,737 | $4,236 | 17 | 41% |
| Knox | $220,000 | 6% | 2% | $1,674 | $1,180 | 21 | 39% |
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