🏡 Rent-Ready Single-Family — Michigan City 4 Bed 2 Bath
$140,000 • 4 Beds / 2 Baths • 1,380 SqFt
Offer Submission Deadline
-
Single Family House -
4 -
2 -
1909 -
1380 -
1380 -
Detached Garage
Description
📦 Condition: Rent-ready — recently cleaned, functional systems, ready for a tenant
💵 Market Rent: ~$1,800/mo
Highlights
- Solid single-family home near schools and parks
- Fresh interior paint and flooring updates
- Strong rental demand in the area (low vacancy)
- Easy access to downtown Michigan City and the beach
- Utilities separately metered, low maintenance
Investment Summary
- Estimated Rent: $1,800/mo
- Estimated Annual Income: $21,600
- Ideal turnkey rental or short-term hold
- No major repairs needed — move-in ready
Buyer pays closing costs and any assignment/TC fees.
Estimated Spread
- ARV $250,000
- Price $140,000
- Spread $110,000
Similar Properties
🔥 Westland Duplex – Heavy Value-Add | $120K Purchase + $50K Rehab | $1,640/mo Section 8 Rent Potential
6 Bedrooms | 2 Baths | 2,108 ft
Updated Duplex – $1,650/mo Income | Turnkey Cash-Flow Deal in Middletown
4 Bedrooms | 2 Baths | 1,015 ft
