Under $300K 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, 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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