Under $500K Investment Properties for Sale in Salem, CT
Listed for sale 3 days ago
$ 250,000
ROI
26.4
Cash Flow/m
461- 2 Bed
- 2 Bath
- 1512 sft
88 Way Road, Salem, CT, 06420
$ 299,000
ROI
21.3Cash Flow/m
128- 2 Bed
- 1 Bath
- 775 sft
146 Witch Meadow Road, Salem, CT, 06420
Airbnb Potential
$ 295,000
ROI
25.7Cash Flow/m
484- 2 Bed
- 1 Bath
- 822 sft
155 Witter Road, Salem, CT, 06420
$ 399,900
ROI
22.0Cash Flow/m
249- 3 Bed
- 2 Bath
- 1318 sft
27 Woodland Drive, Salem, CT, 06420
Why Invest in Salem, Connecticut?
Investing in Salem, CT offers a unique opportunity to acquire properties under $500k in a desirable area. With a stable real estate market, investors can benefit from a solid rental yield and average cash flow while enjoying long-term appreciation. Salem's proximity to larger cities provides appealing options for renters seeking affordable housing in a lovely suburban environment.
7%
Avg. ROI
5.4%
Rental Yield
6.2%
Cap Rate
$300/mo
Avg. Cash Flow
$1/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Investors in Salem can expect an average ROI of around 7%, with a rental yield of approximately 5.4%. These metrics indicate a stable investment environment for those looking to invest in properties under $500k.
Find Your Perfect Investment Property in Salem, Connecticut
Explore investment opportunities by strategy, performance, or property type
