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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Salem, KY

$ 180,000
ROI
25.8
Cash Flow/m
300- 3 Bed
- 1 Bath
- 1438 sft
102 Montevista Dr, Salem, KY, 42078

$ 350,000
ROI
23.2
Cash Flow/m
333- 4 Bed
- 3 Bath
- 3078 sft
2265 Lewis Croft Rd, Salem, KY, 42078

$ 162,000
ROI
26.4
Cash Flow/m
301- 5 Bed
- 3 Bath
- 2968 sft
308 E Lion Dr, Salem, KY, 42078

$ 114,000
ROI
25.3
Cash Flow/m
176- 3 Bed
- 2 Bath
- 1565 sft
215 E Lion Dr, Salem, KY, 42078
Why Invest in Salem, Kentucky?
Investing in Salem, KY under $500k offers promising opportunities with steady rental yields and solid cash flow typical for this market segment. The city benefits from a cap rate around 7%, average ROI near 8%, and an average monthly rent approaching $850. Appreciation rates have been moderate, providing balanced growth for investors. Renter occupancy remains strong, reflecting a stable demand in the housing market.
7.8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Rental yields for properties under $500k in Salem average around 6.5%, offering attractive returns for investors seeking steady income.
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