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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Salem, CT
Listed for sale 1 day ago
$ 649,900
ROI
21.3
Cash Flow/m
222- 3 Bed
- 3 Bath
- 2556 sft
271 Forsyth Road, Salem, CT, 06420
$ 575,000
ROI
23.3Cash Flow/m
508- 3 Bed
- 2 Bath
- 2138 sft
21 Woodland Drive, Salem, CT, 06420
$ 775,000
ROI
30.1Cash Flow/m
2124- 5 Bed
- 5 Bath
- 5000 sft
52 Stonewall Rd, Salem, CT, 06420
Airbnb Potential
$ 190,000
ROI
23.5Cash Flow/m
197- 2 Bed
- 1 Bath
- 775 sft
146 Witch Meadow 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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