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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Salem, CT
$ 511,000
ROI
20.1
Cash Flow/m
10- 3 Bed
- 3 Bath
- 1924 sft
393 Forsyth Rd, Salem, CT, 06420
$ 399,900
ROI
22.0Cash Flow/m
249- 3 Bed
- 2 Bath
- 1318 sft
27 Woodland Drive, Salem, CT, 06420
$ 219,900
ROI
30.4Cash Flow/m
653- 1 Bed
- 1 Bath
- 313 sft
34 Gardner Lake Heights, Salem, CT, 06420
$ 359,900
ROI
23.3Cash Flow/m
354- 3 Bed
- 2 Bath
- 1080 sft
119 Rattlesnake Ledge Road, Salem, CT, 06420
Why Invest in Salem, Connecticut?
Salem, CT is an attractive location for real estate investors, particularly for those interested in rental properties. With a steady rental market and an appealing community, investors can expect a strong rental yield. The city also shows potential for appreciation, making it a wise choice for long-term investments.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Salem, CT is approximately $1,500 per month, providing a decent rental yield for investors.
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