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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
30.7
Cash Flow/m
535- 3 Bed
- 1 Bath
- 1192 sft
102 Nichols Avenue, Salem, IN, 47167

Listed for sale 3 days ago
$ 175,900
ROI
20.1
Cash Flow/m
18- 3 Bed
- 1 Bath
- 1040 sft
202 Willow, Salem, IN, 47167

Listed for sale 3 days ago
$ 164,900
ROI
27.0
Cash Flow/m
332- 3 Bed
- 2 Bath
- 1540 sft
612 N College Avenue, Salem, IN, 47167
Why Invest in Salem, Indiana?
Investing in Salem, IN, offers opportunities to purchase properties under $500k in a growing community. The market has shown a steady appreciation rate, with an average return on investment (ROI) around 8%. With a rental yield of approximately 7% and favorable cash flow metrics, Salem is attracting more investors looking for promising real estate ventures.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home price in Salem, IN, for properties under $500k is around $250k, making it an affordable option for real estate investors.
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