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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Salem, CT

$ 399,900
ROI
22.0
Cash Flow/m
249- 3 Bed
- 2 Bath
- 1318 sft
27 Woodland Drive, Salem, CT, 06420

$ 219,900
ROI
30.4
Cash Flow/m
653- 1 Bed
- 1 Bath
- 313 sft
34 Gardner Lake Heights, Salem, CT, 06420

$ 359,900
ROI
23.3
Cash Flow/m
354- 3 Bed
- 2 Bath
- 1080 sft
119 Rattlesnake Ledge Road, Salem, CT, 06420

$ 359,250
ROI
29.0
Cash Flow/m
919- 3 Bed
- 3 Bath
- 1097 sft
150 Rattlesnake Ledge Road, 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.
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