Investment Properties for Sale in Salem, IN
Listed for sale 1 day ago
$ 199,900
ROI
31.1
Cash Flow/m
629- 3 Bed
- 2 Bath
- 1208 sft
212 Willow Street, Salem, IN, 47167
Listed for sale 5 days ago
$ 198,000
ROI
25.7Cash Flow/m
326- 3 Bed
- 2 Bath
- 1588 sft
106 Mahuron Drive, Salem, IN, 47167
Listed for sale 6 days ago
$ 189,000
ROI
26.7Cash Flow/m
364- 3 Bed
- 2 Bath
- 1344 sft
1681 S Lockenour Lane, Salem, IN, 47167
Listed for sale 6 days ago
$ 209,900
ROI
28.3Cash Flow/m
500- 2 Bed
- 2 Bath
- 2040 sft
404 E Mulberry Street, Salem, IN, 47167
Why Invest in Salem, Indiana?
Salem, IN is an attractive investment option, especially for those looking at real estate opportunities under $200k. Investors can enjoy an average rental yield of 8% and a cap rate around 7%, making it a promising location for generating passive income. Given the modest living costs combined with a stable economy, favorable conditions await for investors seeking steady cash flow and potential appreciation.
15%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Salem, IN is around $1,200 per month. This affordability makes it an attractive option for renters and investors alike.
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