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Michigan City

LaPorte County, IN

STR Investment Grade

Transparent Scoring
A
82/100
BUY
Score Breakdown
💰Cash-on-Cash
35/35
🏠Affordability
22/25
📅Year-Round Income
12/15
🤝Landlord Friendly
10/10
📈Room to Grow
3/15
Cash-on-Cash
20.9%
Elite (20%+)
Median Home
$179K
Very Affordable
Room to Grow
3/15
Crowded Market

STRs Generally Permitted

STRs generally allowed with standard permits

No major restrictions known. Standard registration and tax collection may be required. Check local ordinances for specific requirements.

Permit: Moderate
AI-generated regulation data · Regulations change frequently
📋 Before You Invest
Even in STR-friendly markets, confirm the details for your specific property. Call the Michigan City City Clerk or Planning & Zoning Department and ask:
1. Are short-term rentals (under 30 days) allowed at [your address]?
2. What permits or licenses are required?
3. Are there owner-occupancy requirements?
4. Any caps on rental nights per year or number of permits?
Regulation details vary by neighborhood and zoning district — always verify for your specific address.

Why Michigan City?

Beach Market

What drives short-term rental demand here

🏖️
Coastal Destination

Beach proximity drives premium nightly rates and strong seasonal demand from vacationers.

🔥
High Demand Zone

Strong traveler demand supports a competitive market with proven revenue potential.

Will This Deal Work?

Investment Grade
A
Elite (20%+)
CoC: 20.9%
Can You Pay the Bills?
YES
Income covers mortgage
THE BOTTOM LINE

Excellent opportunity! Strong cash flow potential with favorable market conditions.

💵
$138
Avg ADR
📅
62%
Occupancy
💰
$2,566
Monthly Revenue
🏠
$179K
Median Price

Market estimates · Updated Feb 2026

📊 Income by Property Size

Monthly revenue estimates by bedroom count

1BR
$1,411
2BR
$1,924
3BR
$2,566
4BR
$3,464
5BR
$4,233
6BR+
$5,003
⭐ Best

🏠 Top Amenities for This Market

Add these to boost your revenue

MUST HAVEPool
+25%
MUST HAVEOcean View
+20%
HIGH IMPACTBeach Gear
+10%
HIGH IMPACTOutdoor Shower
+8%
NICE TO HAVEBalcony/Deck
+12%

🎯 Your Next Steps

1
Search for 6BR+ properties
Best income potential at $5,003/month
2
Add a Pool
Boost revenue by +25%
3
Target $3,208/month
Top 25% performer income goal

📋 Regulation Status

LegalPermit: Moderate

Regulations vary by city and county. Always verify local STR ordinances, permit requirements, and zoning laws before purchasing.

Research Comparable Listings

See active short-term rentals in this market

View Listings on Airbnb

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Take the Next Step

Find homes, agents, and lenders in this market

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📊

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Free STR calculator with comp data for any address

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Michigan City, Indiana is rated A for Airbnb investment with a score of 82/100 (BUY). The market has an average daily rate (ADR) of $138, 62% occupancy, and estimated monthly STR revenue of $2,566. Median home value is $178,959 with a cash-on-cash return of 20.9%. STR regulation status: Legal. Data powered by Edge by Teeco using estimated market data.