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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Salem, IN
Fix & Flip
Rental Income
Listed for sale 3 days ago
$ 120,000
ROI
31.5
Cash Flow/m
393- 3 Bed
- 2 Bath
- 1216 sft
3951 N Cooley Lane, Salem, IN, 47167
Motivated Seller
Listed for sale 3 days ago
$ 175,000
ROI
30.7Cash Flow/m
535- 3 Bed
- 1 Bath
- 1192 sft
102 Nichols Avenue, Salem, IN, 47167
Listed for sale 3 days ago
$ 175,900
ROI
20.1Cash Flow/m
18- 3 Bed
- 1 Bath
- 1040 sft
202 Willow, Salem, IN, 47167
Listed for sale 3 days ago
$ 164,900
ROI
27.0Cash Flow/m
332- 3 Bed
- 2 Bath
- 1540 sft
612 N College Avenue, Salem, IN, 47167
Why Invest in Salem, Indiana?
Salem, IN, presents a unique investment opportunity with homes available for under $300k. The area has seen steady growth, with an average rental yield of around 7% and a solid cap rate, making it attractive for both new and seasoned investors. Additionally, with an average cash flow of $300 per month, investors can benefit from stable rental income in this growing community.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Salem, IN, is approximately $1,200 per month, making it an attractive market for rental investment.
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