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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
Airbnb Potential
Listed for sale 7 days ago
$ 190,000
ROI
23.5
Cash Flow/m
197- 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
$ 360,000
ROI
20.0Cash Flow/m
29- 3 Bed
- 3 Bath
- 1800 sft
401 Round Hill Road, Salem, CT, 06420
$ 469,000
ROI
26.3Cash Flow/m
851- 4 Bed
- 2 Bath
- 1798 sft
376 Darling 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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