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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

$ 279,900
ROI
23.6
Cash Flow/m
296- 3 Bed
- 2 Bath
- 1340 sft
630 N Public Road, Salem, IN, 47167

$ 189,900
ROI
28.7
Cash Flow/m
470- 3 Bed
- 1 Bath
- 1056 sft
116 Nichols Avenue, Salem, IN, 47167

$ 129,900
ROI
29.4
Cash Flow/m
348- 3 Bed
- 1 Bath
- 576 sft
2012 S Hickory Grove Road, Salem, IN, 47167

$ 225,000
ROI
31.6
Cash Flow/m
740- 4 Bed
- 2 Bath
- 1340 sft
2476 N Old 56, 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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