Investment Properties Under $200K in Salem, CT | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Salem, CT

Property at 65 Horse Pond Road APT G, Salem, CT
$ 145,500
ROI
37.9ROI percentage
Cash Flow/m
Dollar sign736
  • 2 Bed
  • 1 Bath
  • 840 sft
65 Horse Pond Road APT G, Salem, CT, 06420
Property at 306 Old Colchester Rd #79, Salem, CT
$ 136,900
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign145
  • 1 Bed
  • 1 Bath
  • 800 sft
306 Old Colchester Rd #79, Salem, CT, 06420
Property at 114 Way Rd, Salem, CT
$ 199,500
ROI
36.3ROI percentage
Cash Flow/m
Dollar sign916
  • 3 Bed
  • 1 Bath
  • 1402 sft
114 Way Rd, Salem, CT, 06420
Property at 105 Horse Pond Road APT C, Salem, CT
Fix & Flip
$ 135,000
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign100
  • 2 Bed
  • 1 Bath
  • 840 sft
105 Horse Pond Road APT C, Salem, CT, 06420

Why Invest in Salem, Connecticut?

Investing in Salem, CT, offers a unique opportunity for those seeking properties under $200k. This quaint town features a low median home price, making it ideal for first-time buyers or investors looking for affordable rental properties. With economic growth and stable job opportunities in the region, Salem stands out as a promising market for real estate investment.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average home price in Salem, CT, is around $300,000, but there are opportunities to find properties under $200k, especially for investment purposes.

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